SEC Form 4 · accession 0001127602-15-025929
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
Aug 24, 2015
Accepted (ET)
Aug 26, 2015 · 9:33 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 | Aug 24, 2015 | M | 12,500 | $35.625 | A | 37,675,000 | D | |
| Common StockF1,F2 | Aug 24, 2015 | S | 2,800 | $64.9711 | D | 37,672,200 | D | |
| Common StockF1,F3 | Aug 24, 2015 | S | 4,000 | $65.8441 | D | 37,668,200 | D | |
| Common StockF1,F4 | Aug 24, 2015 | S | 2,900 | $66.879 | D | 37,665,300 | D | |
| Common StockF1,F5 | Aug 24, 2015 | S | 2,100 | $67.8788 | D | 37,663,200 | D | |
| Common StockF1,F6 | Aug 24, 2015 | S | 700 | $68.6143 | D | 37,662,500 | D | |
| Common StockF1 | Aug 25, 2015 | M | 12,500 | $35.625 | A | 37,675,000 | D | |
| Common StockF1,F7 | Aug 25, 2015 | S | 2,100 | $65.8681 | D | 37,672,900 | D | |
| Common StockF1,F8 | Aug 25, 2015 | S | 6,900 | $67.182 | D | 37,666,000 | D | |
| Common StockF1,F9 | Aug 25, 2015 | S | 3,500 | $67.8426 | D | 37,662,500 | D | |
| Common StockF1 | Aug 26, 2015 | M | 12,500 | $35.625 | A | 37,675,000 | D | |
| Common StockF1,F10 | Aug 26, 2015 | S | 6,500 | $65.8902 | D | 37,668,500 | D | |
| Common StockF1,F11 | Aug 26, 2015 | S | 2,700 | $66.9266 | D | 37,665,800 | D | |
| Common StockF1,F12 | Aug 26, 2015 | S | 2,400 | $68.1974 | D | 37,663,400 | D | |
| Common StockF1,F13 | Aug 26, 2015 | S | 900 | $68.493 | 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,F14 | $35.625 | Aug 24, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 400,000 | D |
| Non-qualified Stock Option (Right to Buy)F1,F14 | $35.625 | Aug 25, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 387,500 | D |
| Non-qualified Stock Option (Right to Buy)F1,F14 | $35.625 | Aug 26, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 375,000 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F10Weighted average price. These shares were sold in multiple transactions at prices ranging from $65.4800 to $66.3900 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.
- F11Weighted average price. These shares were sold in multiple transactions at prices ranging from $66.5400 to $67.4063 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.
- F12Weighted average price. These shares were sold in multiple transactions at prices ranging from $67.5051 to $68.4384 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.
- F13Weighted average price. These shares were sold in multiple transactions at prices ranging from $68.4829 to $68.5250 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.
- F14Option 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.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $64.3500 to $65.3200 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 $65.3700 to $66.3200 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 $66.4700 to $67.3400 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 $67.3500 to $68.3300 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 $68.3900 to $68.9700 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 $65.6211 to $66.4885 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.
- F8Weighted average price. These shares were sold in multiple transactions at prices ranging from $66.6382 to $67.6100 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.
- F9Weighted average price. These shares were sold in multiple transactions at prices ranging from $67.6300 to $68.0800 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.