SEC Form 4 · accession 0001209191-17-004269
VEEVA SYSTEMS INC · VEEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Mateo
Officer — EVP Global Sales
Period of report
Jan 13, 2017
Accepted (ET)
Jan 18, 2017 · 5:53 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,F2 | Jan 13, 2017 | M | 1,750 | $0.00 | A | 8,624 | D | |
| Class A Common Stock | Jan 17, 2017 | S | 721 | $44.20 | D | 7,903 | D | |
| Class A Common Stock | Jan 17, 2017 | M | 2,675 | $0.00 | A | 10,578 | D | |
| Class A Common Stock | Jan 17, 2017 | S | 3,027 | $44.20 | D | 7,551 | 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,F2,F5 | — | Jan 13, 2017 | M | 1,750 | D | — | — | Class A Common Stock | 1,750 | 22,750 | D |
| Stock Option (right to buy)F1,F6 | $26.99 | Jan 17, 2017 | M | 2,675 | D | — | Apr 30, 2025 | Class A Common Stock | 2,675 | 391,400 | D |
Explanation of responses
- F1Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
- F2Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3The 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 RSU vesting on January 13, 2017.
- F4The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
- F5On May 1, 2015, the Reporting Person was granted 35,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 5.00% of the RSUs vested on July 13, 2015, and 1/20th of the RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person.
- F6The option shares are fully vested and may be exercised at any time.