Veeva CEO Peter Gassner to sell 3.33M shares via 10b5-1 plan starting Dec 5, 2022

VEEVA SYSTEMS INC

Gassner will exercise pre-IPO option for 3,333,333 Class B shares, convert to Class A, and sell via broker-managed 10b5-1 plan.
Trading window opens Dec 5, 2022; plan ends by Mar 8, 2023. Proceeds used to fund exercise and taxes.
Gassner also plans to donate up to 1,000,000 Class A shares to a donor-advised fund in installments through Dec 31, 2023.
He will remain Veeva's largest shareholder, beneficially owning >12M shares after transactions; no further sales planned in 2023.
This is Gassner's first stock sale since March 2014 secondary offering; sale is structured transparently to balance diversification and charitable goals.

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