AI assistant
VEEVA SYSTEMS INC — Director's Dealing 2019
Dec 4, 2019
30045_dirs_2019-12-03_fcbc4b6b-d634-401e-aff3-f56d615069bd.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VEEVA SYSTEMS INC (VEEV)
CIK: 0001393052
Period of Report: 2019-12-01
Reporting Person: MATEO ALAN (EVP Global Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-01 | Class A Common Stock | M | 1000 | $0.00 | Acquired | 18967 | Direct |
| 2019-12-02 | Class A Common Stock | M | 2874 | $0.00 | Acquired | 21841 | Direct |
| 2019-12-02 | Class A Common Stock | S | 4026 | $148.87 | Disposed | 17815 | Direct |
| 2019-12-03 | Class A Common Stock | S | 512 | $140.42 | Disposed | 17303 | Direct |
| 2019-12-03 | Class A Common Stock | S | 12 | $141.495 | Disposed | 17291 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-01 | Restricted Stock Units | $ | M | 1000 | Disposed | Class A Common Stock (1000) | Direct | |
| 2019-12-02 | Stock Option (right to purchase) | $26.99 | M | 2874 | Disposed | 2025-04-30 | Class A Common Stock (2874) | Direct |
Footnotes
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: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F3: The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person.
F4: The 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 December 1, 2019.
F5: The 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.
F6: The option shares are fully vested and may be exercised at any time.