Company: VEEV
Filing Date: 2025-05-05
Form Type: DEF 14A
Source: 0001140361-25-017353
Chunk: 47

Company: VEEVA SYSTEMS INC
Filing Date: 2025-05-05
Form: DEF 14A
Chunk 47
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 exercise price equal to $214.73, the closing market price on the date of grant. Fiscal 2023 Special Equity Retention Grants . In fiscal 2023, in addition to the annual grants described above, each of Ms. Zuppas and Messrs. Faddis and Schwenger received a one-time RSU grant of 7,500, 7,500, and 15,000 shares of our common stock, respectively, as well as a one-time stock option grant to purchase 15,000, 15,000, and 30,000 shares of our common stock, respectively. One hundred percent of the special equity retention grants awarded to Ms. Zuppas and Mr. Faddis will vest on April 1, 2026, and one hundred percent of the special equity retention grants awarded to Mr. Schwenger will vest on October 1, 2027, all subject to continued service. The stock option grants that are a part of the fiscal 2023 special equity retention program have an exercise price equal to $207.48, the closing market price on the date of grant. CFO Equity Compensation . Mr. Van Wagener joined us as our Executive Vice President, Finance with the intention that he would succeed Mr. Cabral to become our CFO during fiscal 2025. In connection with his appointment, he received the following equity grants, each with a vesting start date of August 1, 2024: (i) an RSU grant of 2,193 shares, 62.5% of which vested on January 1, 2025 and the remaining 37.5% of

| Veeva Systems Inc. | 2025 Proxy Statement47 |

TABLE OF CONTENTS

Our Pay which vested on April 1, 2025, (ii) a stock option grant to purchase 6,579 shares of common stock, with an exercise price equal to $185.74, which will vest annually over a four-year period, (iii) an one-time RSU grant of 5,848 shares, one hundred percent of which will vest on August 1, 2028, and (iv) an one-time stock option grant to purchase 17,544 shares of our common stock, with an exercise price equal to $185.74, one hundred percent of which will vest on August 1, 2028. CEO Equity Compensation . With respect to our CEO, Mr. Gassner, our Compensation Committee has