X0206 3 2019-03-19 0 0001393052 VEEVA SYSTEMS INC VEEV 0001771322 O'Connor Michele C/O VEEVA SYSTEMS INC. 4280 HACIENDA DRIVE PLEASANTON CA 94588 0 1 0 0 Chief Accounting Officer Stock Option (right to buy) 3.92 2017-03-01 2023-03-09 Class B Common Stock 29167 D The Reporting Person vests ownership in this option over five years, with 1/60 of the shares subject to the award vesting March 1, 2017, and the remaining shares vesting equally on a monthly basis thereafter, subject to continued service to the Issuer by the Reporting Person. 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 2019-03-21