SEC Form 4 · accession 0001127602-15-027177

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

Sep 14, 2015

Accepted (ET)

Sep 16, 2015 · 8:44 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
Common Stock^F1	Sep 14, 2015	M	12,500	$35.625	A	37,675,000	D
Common Stock^F1,F2	Sep 14, 2015	S	12,500	$69.9032	D	37,662,500	D
Common Stock^F1	Sep 15, 2015	M	12,500	$35.625	A	37,675,000	D
Common Stock^F1,F3	Sep 15, 2015	S	3,700	$70.7122	D	37,671,300	D
Common Stock^F1,F4	Sep 15, 2015	S	8,800	$71.4312	D	37,662,500	D
Common Stock^F1	Sep 16, 2015	M	12,500	$35.625	A	37,675,000	D
Common Stock^F1,F5	Sep 16, 2015	S	12,500	$71.613	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,F6	$35.625	Sep 14, 2015	M	12,500	D	Nov 23, 2011	Nov 23, 2015	Common Stock	12,500	225,000	D
Non-qualified Stock Option (Right to Buy)^F1,F6	$35.625	Sep 15, 2015	M	12,500	D	Nov 23, 2011	Nov 23, 2015	Common Stock	12,500	212,500	D
Non-qualified Stock Option (Right to Buy)^F1,F6	$35.625	Sep 16, 2015	M	12,500	D	Nov 23, 2011	Nov 23, 2015	Common Stock	12,500	200,000	D

Explanation of responses

F1Pursuant to a 10b5-1 Plan.
F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $69.6500 to $70.2000 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 $70.2500 to $71.2400 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 $71.2500 to $71.6600 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 $71.100 to $71.9700 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.
F6Option 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.