SEC Form 4 · accession 0001209191-17-018047
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 7:24 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, 2017 | M | 8,066 | $0.00 | A | 15,617 | D | |
| Class A Common Stock | Mar 1, 2017 | S | 8,418 | $44.90 | D | 7,199 | D | |
| Class A Common StockF1,F3 | Mar 1, 2017 | M | 1,000 | $0.00 | A | 8,199 | D | |
| Class A Common Stock | Mar 3, 2017 | S | 383 | $43.85 | D | 7,816 | D |
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 buy)F1,F5 | $26.99 | Mar 1, 2017 | M | 8,066 | D | — | Apr 30, 2025 | Class A Common Stock | 8,066 | 380,660 | D |
| Restricted Stock UnitsF1,F3,F6 | — | Mar 1, 2017 | M | 1,000 | D | — | — | Class A Common Stock | 1,000 | 12,000 | 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.
- F2The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
- F3Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F4The 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 March 1, 2017.
- F5The option shares are fully vested and may be exercised at any time.
- F6The Reporting Person was granted 16,000 RSUs under the Issuer's 2013 Equity Incentive Plan, with 1/16 of the RSUs vesting on June 1, 2016, and 1/16 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.