Veeva Systems discloses EVP Rizzo’s shareholdings
EVP Daniel J. Rizzo reports his existing VEEV stock options, RSUs, and 11,688 directly held Class A shares on his initial Form 3.
Rhea-AI Filing Summary
VEEVA SYSTEMS INC (VEEV) reported an initial ownership statement for Daniel J. Rizzo, Executive Vice President, Sales, Consulting & Services. The filing lists his existing equity awards and shareholdings, rather than any new purchase or sale of securities.
Rizzo holds several stock option grants on Class A Common Stock with exercise prices ranging from $154.00 to $275.82 per share and expiration dates from October 3, 2029 through April 3, 2035, covering individual tranches such as 20,000, 13,074 and other blocks of underlying shares. He also holds restricted stock units representing 17,442 and 5,015 underlying shares, which vest between 2026 and 2030 under Veeva’s Amended & Restated 2013 Equity Incentive Plan. In addition, he directly owns 11,688 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Rizzo Daniel J
Role
EVP, Sales, Consulting, & Svcs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F3 | -- | -- | -- |
| holding | Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Restricted Stock Units F6, F5 | -- | -- | -- |
| holding | Restricted Stock Units F6, F7 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 71,576 contracts (Direct);
Restricted Stock Units — 22,457 contracts (Direct);
Class A Common Stock — 11,688 shares (Direct)
Footnotes (7)
- F1. The option shares are fully vested and may be exercised at any time.
- F2. The options were granted under the Issuer's Amended & Restated 2013 Equity Incentive Plan ("Plan"). The Reporting Person vests ownership in this option over four years, with 25% of the shares subject to the award vesting April 1, 2024, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
- F3. The options were granted under the Plan. The Reporting Person vests ownership in this option over four years, with 25% of the shares subject to the award vesting April 1, 2025, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
- F4. The options were granted under the Plan. The Reporting Person vests ownership in this option over four years, with 25% of the shares subject to the award vesting April 1, 2026, and 1/4 of the shares vesting on an annual basis thereafter, subject to continued service to the Issuer by the Reporting Person.
- F5. The RSUs were granted under the Plan. The Reporting Person vests 100% ownership in the RSUs on April 1, 2030, subject to continued service to the Issuer by the Reporting Person.
- F6. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F7. The RSUs were granted under the Plan. The Reporting Person vests ownership in the RSUs over one year with 25% of the shares subject to the award vesting on July 1, 2026, and 1/4 of the shares vesting on a quarterly basis thereafter, subject to continued service to the Issuer by the Reporting Person.
Key Figures
Directly held Class A Common Stock: 11,688 shares
Option underlying shares at $154.00: 1,440 shares
Option underlying shares at $173.59: 3,240 shares
+5 more
8 metrics
Directly held Class A Common Stock
11,688 shares
Direct ownership reported as of the Form 3 date
Option underlying shares at $154.00
1,440 shares
Stock option on Class A Common Stock, exercise price $154.00, expires October 3, 2029
Option underlying shares at $173.59
3,240 shares
Stock option on Class A Common Stock, exercise price $173.59, expires April 13, 2030
Largest single option tranche
20,000 shares
Stock option on Class A Common Stock at $207.48, expires April 5, 2032
Option underlying shares at $180.02
11,664 shares
Stock option on Class A Common Stock, expires April 5, 2033
Option underlying shares at $214.73
10,692 shares
Stock option on Class A Common Stock, expires April 4, 2034
Option underlying shares at $213.68
13,074 shares
Stock option on Class A Common Stock, expires April 3, 2035
Restricted Stock Units blocks
17,442 and 5,015 units
RSUs each representing one share of Class A Common Stock, vesting between July 1, 2026 and April 1, 2030
Key Terms
Restricted Stock Unit, Amended & Restated 2013 Equity Incentive Plan, vests ownership, Class A Common Stock
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Amended & Restated 2013 Equity Incentive Plan financial
"The options were granted under the Issuer's Amended & Restated 2013 Equity"
vests ownership financial
"The Reporting Person vests ownership in this option over four years, with 25%"
Class A Common Stock financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 for VEEV report about Daniel J. Rizzo?
It reports Daniel J. Rizzo’s existing holdings in Veeva Systems Inc., including stock options, restricted stock units, and 11,688 directly owned shares of Class A Common Stock. The filing does not report any new purchases or sales.
What RSU awards on VEEV stock are reported for Daniel J. Rizzo?
Rizzo holds restricted stock units representing 17,442 and 5,015 underlying shares of VEEV Class A Common Stock. Footnotes state these RSUs vest between July 1, 2026 and April 1, 2030, subject to continued service.
Are Daniel J. Rizzo’s VEEV options fully vested?
Some options are fully vested and exercisable at any time, as noted in a footnote, while others vest over four years. For example, certain grants vest 25% on April 1, 2024, 2025, or 2026, with the remainder vesting annually, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
