SEC Form 4 · accession 0001209191-17-037737
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
Jun 1, 2016
Accepted (ET)
Jun 5, 2017 · 4:33 pm EDT
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 | Jun 1, 2017 | M | 2,500 | $0.00 | A | 9,952 | D | |
| Class A Common StockF1 | Jun 2, 2017 | M | 3,000 | $0.00 | A | 12,952 | D | |
| Class A Common Stock | Jun 2, 2017 | S | 3,000 | $66.66 | D | 9,952 | 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,F4 | — | Jun 1, 2017 | M | 500 | D | — | — | Class A Common Stock | 500 | 3,500 | D |
| Restricted Stock UnitsF1,F2,F5 | — | Jun 1, 2017 | M | 1,500 | D | — | — | Class A Common Stock | 1,500 | 10,500 | D |
| Restricted Stock UnitsF1,F2,F6 | — | Jun 1, 2017 | M | 500 | D | — | — | Class A Common Stock | 500 | 5,500 | D |
| Stock Option (right to buy)F1,F7 | $32.26 | Jun 2, 2017 | M | 3,000 | D | — | Mar 14, 2024 | Class A Common Stock | 3,000 | 77,000 | 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.
- 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 restricted stock vesting on March 1, 2017.
- F4On March 25, 2015, the Reporting Person was granted 8,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/16 of the RSUs vested on June 1, 2015, with 1/16 of the RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2015.
- F5On April 27, 2015, the Reporting Person was granted 24,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/16 of the RSUs vested on June 1, 2015, with 1/16 of the RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2015.
- F6On March 23, 2016, the Reporting Person was granted 8,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/16 of the RSUs vested on June 1, 2016, with 1/16 of the RSUs vesting for each quarter of continuous service to the Issuer by the Reporting Person after June 1, 2016.
- F7The option shares are fully vested and may be exercised at any time.