0001181431-14-026866.txt : 20140716 0001181431-14-026866.hdr.sgml : 20140716 20140716175346 ACCESSION NUMBER: 0001181431-14-026866 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140714 FILED AS OF DATE: 20140716 DATE AS OF CHANGE: 20140716 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VEEVA SYSTEMS INC CENTRAL INDEX KEY: 0001393052 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 208235463 FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 4637 CHABOT DRIVE STREET 2: SUITE 210 CITY: PLEASANTON STATE: CA ZIP: 94588 BUSINESS PHONE: 925-452-6500 MAIL ADDRESS: STREET 1: 4637 CHABOT DRIVE STREET 2: SUITE 210 CITY: PLEASANTON STATE: CA ZIP: 94588 FORMER COMPANY: FORMER CONFORMED NAME: VERTICALS ONDEMAND INC DATE OF NAME CHANGE: 20070313 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sohn Young A CENTRAL INDEX KEY: 0001586616 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36121 FILM NUMBER: 14978854 MAIL ADDRESS: STREET 1: C/O VEEVA SYSTEMS INC. STREET 2: 4637 CHABOT DRIVE STE. 210 CITY: PLEASANTON STATE: CA ZIP: 94588 4 1 rrd413227.xml FORM 4 X0306 4 2014-07-14 0 0001393052 VEEVA SYSTEMS INC VEEV 0001586616 Sohn Young A C/O VEEVA SYSTEMS INC. 4637 CHABOT DRIVE, SUITE 210 PLEASANTON CA 94588 0 0 1 0 Class A Common Stock 2014-07-14 4 C 0 25000 0.00 A 25000 D Class A Common Stock 2014-07-14 4 S 0 25000 24.5872 D 0 D Class A Common Stock 2014-07-15 4 C 0 25000 0.00 A 25000 D Class A Common Stock 2014-07-15 4 S 0 25000 24.0949 D 0 D Class A Common Stock 2014-07-14 4 C 0 2500 0.00 A 2500 I By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 Class A Common Stock 2014-07-14 4 S 0 2500 24.40 D 0 I By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 Class A Common Stock 2014-07-15 4 C 0 2500 0.00 A 2500 I By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 Class A Common Stock 2014-07-15 4 S 0 2500 24.1800 D 0 I By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 Class B Common Stock 2014-07-14 4 C 0 25000 0.00 D Class A Common Stock 25000 11848000 D Class B Common Stock 2014-07-15 4 C 0 25000 0.00 D Class A Common Stock 25000 11823000 D Class B Common Stock 2014-07-14 4 C 0 2500 0.00 D Class A Common Stock 2500 844500 I By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 Class B Common Stock 2014-07-15 4 C 0 2500 0.00 D Class A Common Stock 2500 842000 I By Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.2700 to $25.0000 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 (2). The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.7800 to $24.3200 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 (3). Shares held by the Young Sohn Grantor Retained Annuity Trust dated May 21, 2013 (the "Sohn GRAT"). The Reporting Person is a trustee and beneficiary of the Sohn GRAT and may be deemed to share voting and dispositive power with regard to the reported shares held by the Sohn GRAT. Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, which occurs after the closing of the IPO, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect after the closing of the IPO. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock or (b) October 15, 2023. On July 9, 2014, the Reporting Person's grantor retained annuity trust returned 33,000 shares of Class B Common Stock to the Reporting Person as an annuity payment. The Reporting Person expects to receive annuity payments from the trust annually. Excludes 33,000 shares of Class B Common Stock now held directly by the Reporting Person. /s/ Meaghan Nelson, attorney-in-fact 2014-07-16