X0306 4 2015-12-15 0 0001393052 VEEVA SYSTEMS INC VEEV 0001585858 Cabral Timothy S C/O VEEVA SYSTEMS INC. 4280 HACIENDA DRIVE PLEASANTON CA 94588 0 1 0 0 Chief Financial Officer Class A Common Stock 2015-12-15 4 C 0 20000 0.00 A 20556 D Class A Common Stock 2015-12-15 4 S 0 20000 26.8341 D 566 D Class A Common Stock 2015-12-15 4 C 0 11500 0.00 A 12066 D Class A Common Stock 2015-12-15 4 S 0 11500 26.7904 D 566 D Stock Option (right to purchase) 3.92 2015-12-15 4 M 0 20000 0.00 D 2023-03-09 Class B Common Stock 20000 902333 D Class B Common Stock 2015-12-15 4 A 0 20000 0.00 A Class A Common Stock 20000 208500 D Class B Common Stock 2015-12-15 4 C 0 20000 0.00 D Class A Common Stock 20000 188500 D Stock Option (right to purchase) 0.13 2015-12-15 4 M 0 45000 0.00 D 2020-02-23 Class B Common Stock 45000 45000 D Class B Common Stock 2015-12-15 4 A 0 45000 0.00 A Class A Common Stock 45000 233500 D Class B Common Stock 2015-12-15 4 C 0 11500 0.00 D Class A Common Stock 11500 222000 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.57000 to $26.9700 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 (2). The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.57000 to $26.9500 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 (3). The option shares are fully vested and may be exercised at any time. 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 in effect after the closing of the IPO. 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. /s/ Meaghan S. Nelson, attorney-in-fact 2015-12-17