Bowman Brent R 4
4 · VEEVA SYSTEMS INC · Filed Apr 10, 2023
Insider Transaction Report
Form 4
Bowman Brent R
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2023-04-06+5,183→ 5,183 total→ Class A Common Stock (5,183 underlying) - Award
Stock Option (right to buy)
2023-04-06+20,732→ 20,732 totalExercise: $180.02From: 2024-04-01Exp: 2033-04-05→ Class A Common Stock (20,732 underlying)
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 Amended and Restated 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, 2024, 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 Plan. The Reporting Person vests ownership in the RSUs over one year with 1/4 of the RSUs vesting on July 1, 2023, and 1/4 of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.