SEC Form 4 · accession 0001127602-15-026354
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maria Martinez
Officer — Pres., Sales & Cust. Success
Period of report
Aug 28, 2015
Accepted (ET)
Sep 1, 2015 · 4:10 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 28, 2015 | M | 500 | $35.865 | A | 33,173 | D | |
| Common StockF1 | Aug 28, 2015 | M | 827 | $27.0625 | A | 34,000 | D | |
| Common Stock | Aug 28, 2015 | M | 572 | $0.00 | A | 34,572 | D | |
| Common StockF1 | Aug 28, 2015 | S | 1,327 | $69.75 | D | 33,245 | D | |
| Common Stock | Aug 31, 2015 | S | 303 | $69.6395 | D | 32,942 | 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,F2 | $35.865 | Aug 28, 2015 | M | 500 | D | Feb 28, 2013 | Feb 28, 2017 | Common Stock | 500 | 3,005 | D |
| Non-qualified Stock Option (Right to Buy)F1,F3 | $27.0625 | Aug 28, 2015 | M | 827 | D | Nov 22, 2012 | Nov 22, 2016 | Common Stock | 827 | 2,483 | D |
| Restricted Stock UnitsF4,F5 | $0.001 | Aug 28, 2015 | M | 572 | D | Feb 28, 2013 | Feb 28, 2016 | Common Stock | 572 | 1,144 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Option is exercisable and vests over four years at the rate of 25% on February 28, 2013, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- F3Option is exercisable and vests over four years at the rate of 25% on November 22, 2012, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- F4Restricted stock units convert to shares of common stock on a one-for-one basis.
- F5These restricted stock units vested as to 25% of the original grant on February 28, 2013 and vest as to 1/16 of the original grant quarterly thereafter.