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Major owner of Veeva Systems just cashed-in 137,500 options

Young A Sohn, a major owner of Veeva Systems, recently cashed-in 137,500 options. The options were exercised at $0.00, while the disposals took place between $24.48 and $25.80 per share, on dates ranging from October 21 to October 22, 2015. Sohn no longer owns any shares of the company. Sohn operates out of Pleasanton, CA. Some additional info was provided as follows:

The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.7300 to $25.7299 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 (2). The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.7300 to $25.9100 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...

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