X0306 4 2016-09-07 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 2016-09-07 4 S 0 566 40.53 D 0 D Class A Common Stock 2016-09-07 4 C 0 34434 0.00 A 34434 D Class A Common Stock 2016-09-07 4 S 0 34434 40.7745 D 0 D Class A Common Stock 2016-09-07 4 C 0 4375 0.00 A 4375 I by TC 2013 Annuity Trust Class A Common Stock 2016-09-07 4 S 0 4375 40.6679 D 0 I by TC 2013 Annuity Trust Class A Common Stock 2016-09-08 4 C 0 3066 0.00 A 3066 D Class A Common Stock 2016-09-08 4 S 0 3066 49.8937 D 0 D Stock Option (right to purchase) 3.92 2016-09-07 4 M 0 34434 0.00 D 2023-03-09 Class B Common Stock 34434 752899 D Class B Common Stock 2016-09-07 4 A 0 34434 0.00 A Class A Common Stock 34434 188434 D Class B Common Stock 2016-09-07 4 C 0 34434 0.00 D Class A Common Stock 34434 154000 D Class B Common Stock 2016-09-07 4 C 0 4375 0.00 D Class A Common Stock 4375 98191 I by TC 2013 Annuity Trust Stock Option (right to purchase) 3.92 2016-09-08 4 M 0 3066 0.00 D 2023-03-09 Class B Common Stock 3066 749833 D Class B Common Stock 2016-09-08 4 A 0 3066 0.00 A Class A Common Stock 3066 157066 D Class B Common Stock 2016-09-08 4 C 0 3066 0.00 D Class A Common Stock 3066 154000 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.5300 to $41.2600 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). Shares held by the TC 2013 Annuity Trust (the "TC Trust"). The Reporting Person is a trustee and beneficiary of the TC Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the TC Trust. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.5300 to $40.8700 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 (5). The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.7500 to $40.9900 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 (6). 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/ Brian N. Savage, attorney-in-fact 2016-09-09