SEC Form 4 · accession 0001209191-16-105792
VEEVA SYSTEMS INC · VEEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eleni Nitsa Zuppas
Officer — Chief Marketing Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 7:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393052
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 1, 2016 | M | 500 | $0.00 | A | 5,599 | D | |
| Class A Common StockF1 | Mar 1, 2016 | M | 1,500 | $0.00 | A | 7,099 | D | |
| Class A Common Stock | Mar 3, 2016 | S | 216 | $25.84 | D | 6,883 | D | |
| Class A Common Stock | Mar 3, 2016 | S | 645 | $25.84 | D | 6,238 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Mar 1, 2016 | M | 500 | D | — | — | Class A Common Stock | 500 | 6,000 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 1, 2016 | M | 1,500 | D | — | — | Class A Common Stock | 1,500 | 18,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F2The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person and were made to cover taxes associated with restricted stock vesting on March 1, 2016.
- F3On March 25, 2015, the Reporting Person was granted 8,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 6.25% of the RSUs vested on June 1, 2015, with 1/16th of the remaining RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2015.
- F4On April 27, 2015, the Reporting Person was granted 24,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 6.25% of the RSUs vested on June 1, 2015, with 1/16th of the remaining RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2015.