Lequient Frederic 4
4 · VEEVA SYSTEMS INC · Filed Apr 19, 2021
Insider Transaction Report
Form 4
Lequient Frederic
SVP Global Customer Service
Transactions
- Award
Stock Option (right to buy)
2021-04-15+11,475→ 11,475 totalExercise: $275.82From: 2022-04-01Exp: 2031-04-14→ Class A Common Stock (11,475 underlying) - Award
Restricted Stock Units
2021-04-15+2,550→ 2,550 total→ Class A Common Stock (2,550 underlying)
Holdings
- 882
Class A Common Stock
Footnotes (4)
- [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]The options were granted under the Issuer's 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 25% of the shares subject to the award vesting April 1, 2022, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
- [F3]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 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 25% of the RSUs vesting on July 1, 2021, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.