Form 4 for VEEV Veeva Systems
Accepted 2023-10-02 00:00:00 ET · period of report 2023-10-01 · accession 0001628280-23-033539 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-10-02 | 2023-10-01 | VEEV | Schwenger Thomas D. | Pres, COO | F - Tax | $203.45 | -2,087 | 22.7K | -8% | -$424.6K |
| DM | 2023-10-02 | 2023-10-01 | VEEV | Schwenger Thomas D. | Pres, COO | M - OptEx | $0.00 | +4,768 | 23.8K | +25% | $0 |
| DM | 2023-10-02 | 2023-10-01 | VEEV | Schwenger Thomas D. | Pres, COO | M - OptEx | $0.00 | -4,768 | 0 | -100% | $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 | 2023-10-01 | F | D | 993 | $203.45 | 24,010 | D | — | — | (F3) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 2 | Common | Class A Common Stock | 2023-10-01 | M | A | 2,268 | $0.00 | 25,003 | D | — | — | (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. |
| 3 | Common | Class A Common Stock | 2023-10-01 | M | A | 2,500 | $0.00 | 23,829 | D | — | — | (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. |
| 4 | Common | Class A Common Stock | 2023-10-01 | F | D | 1,094 | $203.45 | 22,735 | D | — | — | (F3) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 5 | Derivative | Restricted Stock Units | 2023-10-01 | M | D | 2,268 | $0.00 | 4,535 | D | — · — to — | 2,268 Class A Common Stock | (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. (F4) The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 25% vesting on July 1, 2023, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person. |
| 6 | Derivative | Restricted Stock Units | 2023-10-01 | M | D | 2,500 | $0.00 | 0 | D | — · — to — | 2,500 Class A Common Stock | (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. (F5) On September 18, 2019, the Reporting Person was granted 10,000 RSUs under the Issuer's 2013 Equity Incentive Plan, of which 25% of the RSUs vested on October 1, 2020, with 25% of the remaining RSUs vesting for each year of continuous service to the Issuer by the Reporting Person after October 1, 2020. |