0001628280-22-031697.txt : 20221209 0001628280-22-031697.hdr.sgml : 20221209 20221209195758 ACCESSION NUMBER: 0001628280-22-031697 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221207 FILED AS OF DATE: 20221209 DATE AS OF CHANGE: 20221209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gassner Peter P CENTRAL INDEX KEY: 0001585821 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36121 FILM NUMBER: 221455961 MAIL ADDRESS: STREET 1: C/O VEEVA SYSTEMS INC. STREET 2: 4280 HACIENDA DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588 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: 4280 HACIENDA DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588 BUSINESS PHONE: 925-264-8887 MAIL ADDRESS: STREET 1: 4280 HACIENDA DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588 FORMER COMPANY: FORMER CONFORMED NAME: VERTICALS ONDEMAND INC DATE OF NAME CHANGE: 20070313 4 1 wf-form4_167063386290571.xml FORM 4 X0306 4 2022-12-07 0 0001393052 VEEVA SYSTEMS INC VEEV 0001585821 Gassner Peter P C/O VEEVA SYSTEMS INC. 4280 HACIENDA DRIVE PLEASANTON CA 94588 1 1 0 0 Chief Executive Officer Class A Common Stock 2022-12-07 4 C 0 49674 0 A 49674 D Class A Common Stock 2022-12-07 4 S 0 8780 163.688 D 40894 D Class A Common Stock 2022-12-07 4 S 0 15540 164.5561 D 25354 D Class A Common Stock 2022-12-07 4 S 0 13404 165.4413 D 11950 D Class A Common Stock 2022-12-07 4 S 0 11750 166.4607 D 200 D Class A Common Stock 2022-12-07 4 S 0 200 167.11 D 0 D Class A Common Stock 2022-12-08 4 C 0 53058 0 A 53058 D Class A Common Stock 2022-12-08 4 S 0 1863 165.9155 D 51195 D Class A Common Stock 2022-12-08 4 S 0 600 166.81 D 50595 D Class A Common Stock 2022-12-08 4 S 0 3610 168.432 D 46985 D Class A Common Stock 2022-12-08 4 S 0 5130 169.4387 D 41855 D Class A Common Stock 2022-12-08 4 S 0 9946 170.4078 D 31909 D Class A Common Stock 2022-12-08 4 S 0 10098 171.5101 D 21811 D Class A Common Stock 2022-12-08 4 S 0 15983 172.4024 D 5828 D Class A Common Stock 2022-12-08 4 S 0 5828 173.1656 D 0 D Class A Common Stock 2022-12-09 4 C 0 29412 0 A 29412 D Class A Common Stock 2022-12-09 4 S 0 6301 172.5924 D 23111 D Class A Common Stock 2022-12-09 4 S 0 14784 173.4735 D 8327 D Class A Common Stock 2022-12-09 4 S 0 5451 174.399 D 2876 D Class A Common Stock 2022-12-09 4 S 0 2876 175.21 D 0 D Class A Common Stock 41000 I By family member Class A Common Stock 41000 I By second family member Stock Option (right to buy) 3.92 2022-12-07 4 M 0 49674 0 D 2023-03-09 Class B Common Stock 49674.0 3155348 D Class B Common Stock 3.92 2022-12-07 4 M 0 49674 0 A Class A Common Stock 49674.0 13176007 D Class B Common Stock 2022-12-07 4 C 0 49674 0 D Class A Common Stock 49674.0 13126333 D Stock Option (right to buy) 3.92 2022-12-08 4 M 0 53058 0 D 2023-03-09 Class B Common Stock 53058.0 3102290 D Class B Common Stock 3.92 2022-12-08 4 M 0 53058 0 A Class A Common Stock 53058.0 13179391 D Class B Common Stock 2022-12-08 4 C 0 53058 0 D Class A Common Stock 53058.0 13126333 D Stock Option (right to buy) 3.92 2022-12-09 4 M 0 29412 0 D 2023-03-09 Class B Common Stock 29412.0 3072878 D Class B Common Stock 3.92 2022-12-09 4 M 0 29412 0 A Class A Common Stock 29412.0 13155745 D Class B Common Stock 2022-12-09 4 C 0 29412 0 D Class A Common Stock 29412.0 13126333 D 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. This transaction was effected pursuant to a Rule 10b5-1 trading plan 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 $163.08 to $164.07 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.09 to $165.07 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.10 to $166.09 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.10 to $167.08 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.305 to $166.17 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.36 to $167.22 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.86 to $168.76 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.86 to $169.79 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.88 to $170.80 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.89 to $171.87 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.89 to $172.88 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.89 to $173.58 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.97 to $172.96 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.99 to $173.98 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.01 to $174.99 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.01 to $175.50 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. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The option shares are fully vested and may be exercised at any time. 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. 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. /s/ Jonathan Faddis, attorney-in-fact 2022-12-09