Matthew J. Wallach - 15 Oct 2023 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Director
Signature
/s/ Liang Dong, attorney-in-fact
Issuer symbol
VEEV
Transactions as of
15 Oct 2023
Transactions value $
$0
Form type
4
Filing time
16 Oct 2023, 19:40:45 UTC
Previous filing
06 Oct 2023
Next filing
07 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Conversion of derivative security $0 +100K +421.32% $0.00 124K 15 Oct 2023 Direct F1, F2, F3
transaction VEEV Class A Common Stock Conversion of derivative security $0 +100K $0.00 100K 15 Oct 2023 By Matt Wallach 2012 Irrevocable Trust dated October 15, 2012 F1, F3
transaction VEEV Class A Common Stock Conversion of derivative security $0 +50K $0.00 50K 15 Oct 2023 By Matt Wallach 2012 Irrevocable Non-Grantor Trust dated October 15, 2012 F1, F3
transaction VEEV Class A Common Stock Conversion of derivative security $0 +100K $0.00 100K 15 Oct 2023 By Matt Wallach 2013 Irrevocable Trust dated August 13, 2013 F1, F3

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 Class B Common Stock Conversion of derivative security $0 -100K -100% $0.00* 0 15 Oct 2023 Class A Common Stock 100K Direct F1, F3, F4
transaction VEEV Class B Common Stock Conversion of derivative security $0 -100K -100% $0.00* 0 15 Oct 2023 Class A Common Stock 100K By Matt Wallach 2012 Irrevocable Trust dated October 15, 2012 F1, F3
transaction VEEV Class B Common Stock Conversion of derivative security $0 -50K -100% $0.00* 0 15 Oct 2023 Class A Common Stock 50K By Matt Wallach 2012 Irrevocable Non-Grantor Trust dated October 15, 2012 F1, F3
transaction VEEV Class B Common Stock Conversion of derivative security $0 -100K -100% $0.00* 0 15 Oct 2023 Class A Common Stock 100K By Matt Wallach 2013 Irrevocable Trust dated August 13, 2013 F1, F3
* 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 the Act.
F2 Includes 100,000 shares of Class A Common Stock held by the Reporting Person and Cristina Wallach as joint tenants with right of survivorship.
F3 This does not represent a sale or purchase of the Issuer's common stock; rather, it represents the automatic conversion of shares of the Issuer's Class B Common Stock into shares of the Issuer's Class A Common Stock, which automatic conversion occurred on October 15, 2023 pursuant to the terms of the Issuer's Amended and Restated Certificate of Incorporation.
F4 Represents 100,000 shares of Class B Common Stock held by the Reporting Person and Cristina Wallach as joint tenants with right of survivorship.