Bowman Brent R 4
4 · VEEVA SYSTEMS INC · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Bowman Brent R
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-04-01−1,176→ 0 total→ Class A Common Stock (1,176 underlying) - Exercise/Conversion
Class A Common Stock
2023-04-01+1,176→ 5,917 total - Tax Payment
Class A Common Stock
2023-04-01$183.79/sh−407$74,803→ 5,510 total
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]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- [F3]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
- [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% vesting on July 1, 2022, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.