"A total of 890,000 shares are being offered by Veeva, and a total of 11,110,000 shares are being offered by certain selling stockholders. Closing of the offering is expected to occur on March 31, 2014, subject to customary closing conditions. "
I thought the certain stockholders are not allowed to sell until the 181 day lock up period which expires next month? I guess a secondary offering is the way to beat the lockup period.
And next month April when lockup expires, it's the top executives turn and employees to sell their shares.