SEC Form 4 · accession 0001127602-15-022891
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
Jul 13, 2015
Accepted (ET)
Jul 15, 2015 · 7:31 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 | Jul 13, 2015 | M | 12,500 | $35.625 | A | 37,675,900 | D | |
| Common StockF1,F2 | Jul 13, 2015 | S | 12,500 | $71.3099 | D | 37,663,400 | D | |
| Common StockF1 | Jul 14, 2015 | M | 12,500 | $35.625 | A | 37,675,900 | D | |
| Common StockF1,F3 | Jul 14, 2015 | S | 12,500 | $71.7714 | D | 37,663,400 | D | |
| Common StockF1 | Jul 15, 2015 | M | 12,500 | $35.625 | A | 37,675,900 | D | |
| Common StockF1,F4 | Jul 15, 2015 | S | 12,500 | $71.5582 | 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,F5 | $35.625 | Jul 13, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 775,000 | D |
| Non-qualified Stock Option (Right to Buy)F1,F5 | $35.625 | Jul 14, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 762,500 | D |
| Non-qualified Stock Option (Right to Buy)F1,F5 | $35.625 | Jul 15, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 750,000 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $71.0300 to $71.7200 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 $71.2100 to $71.9800 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 $71.1700 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.
- F5Option 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.