SEC Form 4 · accession 0001127602-15-020671
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
Jun 11, 2015
Accepted (ET)
Jun 15, 2015 · 7:23 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 StockF1 | Jun 11, 2015 | M | 12,500 | $35.625 | A | 37,675,900 | D | |
| Common StockF1,F2 | Jun 11, 2015 | S | 12,100 | $72.5987 | D | 37,663,800 | D | |
| Common StockF1,F3 | Jun 11, 2015 | S | 400 | $73.3775 | D | 37,663,400 | D | |
| Common StockF1 | Jun 12, 2015 | M | 12,500 | $35.625 | A | 37,675,900 | D | |
| Common StockF1,F4 | Jun 12, 2015 | S | 11,900 | $71.839 | D | 37,664,000 | D | |
| Common StockF1,F5 | Jun 12, 2015 | S | 600 | $72.03 | D | 37,663,400 | D | |
| Common StockF1 | Jun 15, 2015 | M | 12,500 | $35.625 | A | 37,675,900 | D | |
| Common StockF1,F6 | Jun 15, 2015 | S | 5,600 | $71.3099 | D | 37,670,300 | D | |
| Common StockF1,F7 | Jun 15, 2015 | S | 6,900 | $72.2544 | D | 37,663,400 | 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,F8 | $35.625 | Jun 11, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 1,037,500 | D |
| Non-qualified Stock Option (Right to Buy)F1,F8 | $35.625 | Jun 12, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 1,025,000 | D |
| Non-qualified Stock Option (Right to Buy)F1,F8 | $35.625 | Jun 15, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 1,012,500 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $72.3200 to $72.5987 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 $73.3400 to $73.3775 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 $71.7850 to $71.8390 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 $71.9700 to $72.0300 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 $70.7300 to $71.3099 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.
- F7Weighted average price. These shares were sold in multiple transactions at prices ranging from $71.7300 to $72.2544 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.
- F8Option 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.