Form 4 for VEEV Veeva Systems
Accepted 2022-09-06 00:00:00 ET · period of report 2022-09-01 · accession 0001628280-22-024417 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-09-06 | 2022-09-06 | VEEV | Cabral Timothy S | Dir | S - Sale+OE | $166.61 | -10.0K | 108.3K | -8% | -$1.67M |
| D | 2022-09-06 | 2022-09-01 | VEEV | Cabral Timothy S | Dir | M - OptEx | $0.00 | +300 | 914 | +49% | $0 |
| D | 2022-09-06 | 2022-09-01 | VEEV | Cabral Timothy S | Dir | M - OptEx | $0.00 | -300 | 899 | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-09-06 | S | D | 2,793 | $166.70 | 105,521 | I By the Cabral Family Trust, dated April 17, 2001 | — | — | (F5) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.25 to $167.10 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F4) Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust. |
| 2 | Common | Class A Common Stock | 2022-09-06 | S | D | 907 | $167.36 | 104,614 | I By the Cabral Family Trust, dated April 17, 2001 | — | — | (F6) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.25 to $167.49 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F4) Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust. |
| 3 | Common | Class A Common Stock | 2022-09-06 | S | D | 500 | $168.38 | 104,114 | I By the Cabral Family Trust, dated April 17, 2001 | — | — | (F7) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.33 to $168.59 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F4) Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust. |
| 4 | Common | Class A Common Stock | 2022-09-06 | S | D | 1,000 | $169.34 | 103,114 | I | — | — | |
| 5 | Common | Class A Common Stock | 2022-09-01 | M | A | 300 | $0.00 | 914 | D By the Cabral Family Trust, dated April 17, 2001 | — | — | (F4) Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust. |
| 6 | Common | Class A Common Stock | 2022-09-06 | S | D | 4,800 | $165.66 | 108,314 | I By the Cabral Family Trust, dated April 17, 2001 | — | — | (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.15 to $166.14 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F4) Shares held by the Cabral Family Trust. The Reporting Person is a trustee and beneficiary of the Cabral Family Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the Cabral Family Trust. |
| 7 | Derivative | Restricted Stock Units | 2022-09-01 | M | D | 300 | $0.00 | 899 | D | — · — to — | 300 Class A Common Stock | (F8) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. (F9) On June 9, 2022, the Reporting Person was granted 1,199 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 1/4 of the RSUs vested on September 1, 2022, 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. |