Lequient Frederic 4
4 · VEEVA SYSTEMS INC · Filed Apr 8, 2022
Insider Transaction Report
Form 4
Lequient Frederic
SVP Global Customer Service
Transactions
- Award
Stock Option (right to buy)
2022-04-06+10,000→ 10,000 totalExercise: $207.48From: 2026-04-01Exp: 2032-04-05→ Class A Common Stock (10,000 underlying) - Award
Stock Option (right to buy)
2022-04-06+18,824→ 18,824 totalExercise: $207.48From: 2023-04-01Exp: 2032-04-05→ Class A Common Stock (18,824 underlying) - Award
Restricted Stock Units
2022-04-06+4,706→ 4,706 total→ Class A Common Stock (4,706 underlying) - Award
Restricted Stock Units
2022-04-06+5,000→ 5,000 total→ Class A Common Stock (5,000 underlying)
Holdings
- 2,321
Class A Common Stock
Footnotes (6)
- [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 1/4 of the shares subject to the award vesting April 1, 2023, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
- [F3]The options were granted under the Plan. The Reporting Person vests 100% ownership in this option on April 1, 2026, subject to continued service to the Issuer by the Reporting Person.
- [F4]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- [F5]The RSUs were granted under the Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on July 1, 2022, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
- [F6]The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2026, subject to continued service to the Issuer by the Reporting Person.