VEEVA SYSTEMS INC — Director's Dealing 2023

Apr 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2023-04-06

Reporting Person: Bowman Brent R (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-06	Stock Option (right to buy)	$180.02	A	20732	Acquired	2033-04-05	Class A Common Stock (20732.0)	Direct
2023-04-06	Restricted Stock Units	$	A	5183	Acquired		Class A Common Stock (5183.0)	Direct

Footnotes

F1: Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.

F2: The options were granted under the Issuer's Amended and Restated 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 1/4 of the shares subject to the award vesting April 1, 2024, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.

F3: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.

F4: The RSUs were granted under the Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on July 1, 2023, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.