SEC Form 4 · accession 0001127602-15-017151

Salesforce, Inc. · CRM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Marc Benioff

Officer — Chairman of the Board & CEO · Director

Period of report

May 11, 2015

Accepted (ET)

May 13, 2015 · 8:42 pm EDT

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
Common Stock^F1	May 11, 2015	M	12,500	$35.625	A	37,675,000	D
Common Stock^F1,F2	May 11, 2015	S	12,500	$71.5381	D	37,662,500	D
Common Stock^F1	May 12, 2015	M	12,500	$35.625	A	37,675,000	D
Common Stock^F1,F3	May 12, 2015	S	3,100	$70.8939	D	37,671,900	D
Common Stock^F1,F4	May 12, 2015	S	9,400	$71.7001	D	37,662,500	D
Common Stock^F1	May 13, 2015	M	12,500	$35.625	A	37,675,000	D
Common Stock^F1,F5	May 13, 2015	S	11,900	$71.6067	D	37,663,100	D
Common Stock^F1,F6	May 13, 2015	S	600	$72.295	D	37,662,500	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-qualified Stock Option (Right to Buy)^F1,F7	$35.625	May 11, 2015	M	12,500	D	Nov 23, 2011	Nov 23, 2015	Common Stock	12,500	1,312,500	D
Non-qualified Stock Option (Right to Buy)^F1,F7	$35.625	May 12, 2015	M	12,500	D	Nov 23, 2011	Nov 23, 2015	Common Stock	12,500	1,300,000	D
Non-qualified Stock Option (Right to Buy)^F1,F7	$35.625	May 13, 2015	M	12,500	D	Nov 23, 2011	Nov 23, 2015	Common Stock	12,500	1,287,500	D

Explanation of responses

F1Pursuant to a 10b5-1 Plan.
F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $71.2400 to $72.1200 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.
F3Weighted average price. These shares were sold in multiple transactions at prices ranging from $70.3300 to $71.3000 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.
F4Weighted average price. These shares were sold in multiple transactions at prices ranging from $71.3400 to $72.0500 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.
F5Weighted average price. These shares were sold in multiple transactions at prices ranging from $71.0300 to $71.9100 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.
F6Weighted average price. These shares were sold in multiple transactions at prices ranging from $72.1700 to $72.3900 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.
F7Option is exercisable and vests over four years at the rate of 25% on November 23, 2011, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.