Thomas D. Schwenger - Apr 4, 2025 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Role
Pres. & Chief Customer Officer
Signature
/s/ Liang Dong, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Apr 4, 2025
Transactions value $
$0
Form type
4
Date filed
4/8/2025, 04:57 PM
Previous filing
Apr 2, 2025
Next filing
Apr 11, 2025
SEC
View on sec.gov

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 Stock Option (right to buy) Award $0 +32.7K $0.00 32.7K Apr 4, 2025 Class A Common Stock 32.7K $213.68 Direct F1, F2
transaction VEEV Restricted Stock Units Award $0 +8.17K $0.00 8.17K Apr 4, 2025 Class A Common Stock 8.17K Direct F1, F3, F4
* 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 The options were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 25% of the shares subject to the award vesting April 1, 2026, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F4 The RSUs were granted under the Plan. The Reporting Person vests ownership in the RSUs over 1-year with 1/4 of the RSUs vesting on July 1, 2025, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.