4//SEC Filing
Schwenger Thomas D. 4
Accession 0001628280-25-044094
CIK 0001393052other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 4:36 PM ET
Size
11.4 KB
Accession
0001628280-25-044094
Insider Transaction Report
Form 4
Schwenger Thomas D.
Pres. & Chief Customer Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-10-01+2,043→ 28,017 total - Tax Payment
Class A Common Stock
2025-10-01$293.26/sh−894$262,174→ 27,123 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−2,043→ 4,085 total→ Class A Common Stock (2,043 underlying) - Sale
Class A Common Stock
2025-10-02$300.04/sh−3,350$1,005,140→ 23,773 total
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]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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 7, 2025.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.0000 to $300.0600 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.
- [F6]The RSUs were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan. The Reporting Person vests ownership in the RSUs over one year with 25% vesting on July 1, 2025, and 25% of the RSUs vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
Documents
Issuer
VEEVA SYSTEMS INC
CIK 0001393052
Entity typeother
Related Parties
1- filerCIK 0001788226
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 4:36 PM ET
- Size
- 11.4 KB