SEC Form 4/A · accession 0001209191-15-035595
VEEVA SYSTEMS INC · VEEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Timothy S Cabral
Officer — Chief Financial Officer
Period of report
Jun 27, 2014
Accepted (ET)
Apr 22, 2015 · 5:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393052
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to purchase)F1,F2 | $3.92 | Jun 27, 2014 | M | 12,770 | D | — | Mar 9, 2023 | Class B Common Stock | 12,770 | 1,320,563 | D |
| Class B Common StockF1,F3 | — | Jun 27, 2014 | A | 12,770 | A | — | — | Class A Common Stock | 12,770 | 212,770 | D |
| Class B Common StockF1,F3 | — | Jun 27, 2014 | C | 12,770 | D | — | — | Class A Common Stock | 12,770 | 200,000 | D |
Explanation of responses
- F1This amendment is being filed to report the exercise of options to purchase 12,770 shares of Class B Common Stock and the subsequent acquisition pursuant to such exercise by the Reporting Person of 12,770 shares of Class B Common Stock.
- F2The option shares are fully vested and may be exercised at any time.
- F3Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, which occurs after the closing of the IPO, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect after the closing of the IPO. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock or (b) October 15, 2023.