SEC Form 4 · accession 0001127602-15-008142
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maria Martinez
Officer — Pres., Sales & Cust. Success
Period of report
Feb 22, 2015
Accepted (ET)
Feb 24, 2015 · 9:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108524
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 22, 2015 | M | 3,748 | $0.00 | A | 27,679 | D | |
| Common Stock | Feb 22, 2015 | M | 992 | $0.00 | A | 28,671 | D | |
| Common StockF1 | Feb 23, 2015 | S | 1,526 | $63.1197 | D | 27,145 | D | |
| Common StockF2 | Feb 23, 2015 | S | 377 | $63.1196 | D | 26,768 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.001 | Feb 22, 2015 | M | 3,748 | D | Nov 22, 2012 | Nov 22, 2015 | Common Stock | 3,748 | 11,252 | D |
| Restricted Stock UnitsF3,F4 | $0.001 | Feb 22, 2015 | M | 992 | D | Nov 22, 2012 | Nov 22, 2015 | Common Stock | 992 | 2,980 | D |
Explanation of responses
- F1Weighted average price. These shares were sold in multiple transactions at prices ranging from $63.0501 to $63.1200 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 above.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $63.0500 to $63.1200 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 above.
- F3Restricted stock units convert to shares of common stock on a one-for-one basis.
- F4Option is exercisable and vests over four years at the rate of 25% on November 22, 2012, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.