SEC Form 4 · accession 0001127602-15-018646
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Parker Harris
Officer — Co-Founder
Period of report
May 22, 2015
Accepted (ET)
May 26, 2015 · 9:47 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 22, 2015 | M | 1,076 | $0.00 | A | 22,248 | D | |
| Common StockF1 | May 26, 2015 | S | 565 | $73.60 | D | 21,683 | D | |
| Common Stock | May 26, 2015 | S | 8 | $73.5001 | D | 21,675 | D | |
| Common StockF2 | May 26, 2015 | M | 5,000 | $35.625 | A | 26,675 | D | |
| Common StockF2,F3 | May 26, 2015 | S | 5,000 | $73.5634 | D | 21,675 | D | |
| Common StockF4 | holding | — | — | — | 308,472 | I | By GP Family Trust | |
| Common StockF5 | holding | — | — | — | 1,081,715 | I | By HJ Family Trust | |
| Common StockF6 | holding | — | — | — | 308,472 | I | By Holly Familytrust | |
| Common StockF7 | holding | — | — | — | 173,760 | I | GPH Exempt GST | |
| Common StockF8 | holding | — | — | — | 173,760 | I | HJ Exempt GST |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF9,F10 | $0.001 | May 22, 2015 | M | 1,076 | D | Nov 22, 2012 | Nov 22, 2015 | Common Stock | 1,076 | 2,152 | D |
| Non-qualified Stock Option (Right to Buy)F2,F11 | $35.625 | May 26, 2015 | M | 5,000 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 5,000 | 125,000 | D |
Explanation of responses
- F1Weighted average price. These shares were sold in multiple transactions at prices ranging from $73.5001 to $73.6000 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.
- F10These restricted stock units vested as to 25% of the original grant on 11/22/2012 and vest as to 1/16 of the original grant quarterly thereafter.
- F11Option 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.
- F2Pursuant to a 10b5-1 Plan.
- F3Weighted average price. These shares were sold in multiple transactions at prices ranging from $73.2900 to $73.9000 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.
- F4Shares held in The G. Parker Harris III Family Trust under the G. Parker Harris, III Grantor Retained Annuity Trust, dated December 19, 2003.
- F5Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
- F6Shares held in The Holly L. Johnson Family Trust under the Holly L. Johnson Grantor Retained Annuity Trust, dated December 19, 2003.
- F7Shares held in The G. Parker Harris III Exempt GST Family Trust.
- F8Shares held in The Holly L. Johnson Exempt GST Family Trust.
- F9Restricted stock units convert to shares of common stock on a one-for-one basis.