X0206 3 2015-03-11 0 0001393052 VEEVA SYSTEMS INC VEEV 0001636653 Zuppas Eleni Nitsa C/O VEEVA SYSTEMS INC. 4637 CHABOT DRIVE SUITE 210 PLEASANTON CA 94588 0 1 0 0 Chief Marketing Officer Class A Common Stock 1341 D Stock Option (right to buy) 3.92 2014-03-18 2023-03-25 Class B Common Stock 163000 D Stock Option (right to buy) 32.26 2014-05-01 2024-03-14 Class A Common Stock 100000 D The Reporting Person vests ownership in this option over five years, with 20% of the shares subject to the award vesting March 18, 2014, and the remaining shares vesting equally on a monthly basis over the next four years, subject to continued service on the board of directors on the applicable vesting date. 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. 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. The Reporting Person vests ownership in this option over five years, with 1/60 of the shares subject to the award vesting May 1, 2014, and the remaining shares vesting equally on a monthly basis thereafter, subject to continued service on the board of directors on the applicable vesting date. /s/ Meaghan Nelson, attorney-in-fact 2015-03-20