Eleni Nitsa Zuppas - Jan 9, 2024 Form 4 Insider Report for VEEVA SYSTEMS INC (VEEV)

Signature
/s/ Liang Dong, attorney-in-fact
Stock symbol
VEEV
Transactions as of
Jan 9, 2024
Transactions value $
-$248,479
Form type
4
Date filed
1/11/2024, 07:10 PM
Previous filing
Jan 3, 2024
Next filing
Jan 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEV Class A Common Stock Options Exercise $589K +4.35K +22.83% $135.49 23.4K Jan 9, 2024 Direct F1
transaction VEEV Class A Common Stock Sale -$838K -4.35K -18.58% $192.61 19.1K Jan 9, 2024 Direct F2

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) Options Exercise $0 -4.35K -21.27% $0.00 16.1K Jan 9, 2024 Class A Common Stock 4.35K $135.49 Direct 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 theAct.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $192.6100 to $192.6500 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.
F3 The option shares are fully vested and may be exercised at any time.