4//SEC Filing
CODD RONALD E F 4
Accession 0001628280-21-025625
CIK 0001393052other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 5:46 PM ET
Size
14.8 KB
Accession
0001628280-21-025625
Insider Transaction Report
Form 4
CODD RONALD E F
Director
Transactions
- Award
Class B Common Stock
2021-12-23+11,625→ 11,625 total→ Class A Common Stock (11,625 underlying) - Conversion
Class B Common Stock
2021-12-23−11,625→ 0 total→ Class A Common Stock (11,625 underlying) - Sale
Class A Common Stock
2021-12-23$261.05/sh−11,625$3,034,725→ 221 total - Conversion
Class A Common Stock
2021-12-23+11,625→ 11,846 total - Exercise/Conversion
Stock Option (right to purchase)
2021-12-23−11,625→ 0 totalExercise: $1.11Exp: 2022-03-01→ Class B Common Stock (11,625 underlying)
Holdings
- 15,757(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.00 to $261.43 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]Shares held by the Codd Revocable Trust dtd 03/06/98 (the "Codd Trust"). The Reporting Person is a trustee and beneficiary of the Codd Trust, and may be deemed to share voting and dispositive power with regard to the reported shares held by the Codd Trust.
- [F4]The option shares are fully vested and may be exercised at any time.
- [F5]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.
Documents
Issuer
VEEVA SYSTEMS INC
CIK 0001393052
Entity typeother
Related Parties
1- filerCIK 0001201177
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 5:46 PM ET
- Size
- 14.8 KB