Gordon Ritter - 25 Jun 2021 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Director
Signature
/s/ Meaghan S. Nelson, attorney-in-fact
Issuer symbol
VEEV
Transactions as of
25 Jun 2021
Transactions value $
$0
Form type
4
Filing time
25 Jun 2021, 16:33:26 UTC
Previous filing
24 Jun 2021
Next filing
03 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Options Exercise $0 +290 +49.91% $0.00 871 25 Jun 2021 Direct F1, F2
holding VEEV Class A Common Stock 543K 25 Jun 2021 By the Ritter-Metzler Revocable Trust dated November 6, 2000 F3
holding VEEV Class A Common Stock 92K 25 Jun 2021 By Mountaintop Prism LLC F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VEEV Restricted Stock Units Options Exercise $0 -290 -100% $0.00* 0 25 Jun 2021 Class A Common Stock 290 Direct F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under theAct.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F3 Shares held by The Ritter-Metzler Revocable Trust dated November 6, 2000 (the "Trust"). The Reporting Person is a trustee and beneficiary of the Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Trust. The Reporting Person disclaims beneficial ownership of the reported shares held by the Trust, except to the extent, if any, of his pecuniary interest therein.
F4 Shares held by Mountaintop Prism, LLC ("Mountaintop"). The Reporting Person is a controlling person of Mountaintop and may be deemed to share voting and dispositive power with regard to the reported shares held by Mountaintop. The Reporting Person disclaims beneficial ownership of the reported shares held by Mountaintop, except to the extent, if any, of his pecuniary interest therein.
F5 On June 25, 2020, the Reporting Person was granted 1,162 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 25, 2020, with the remaining RSUs vesting equally on a quarterly basis thereafter, subject to continued service on the Issuer's board of directors on the applicable vesting date.