SEC Form 4 · accession 0001127602-15-027778
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 24, 2015
Accepted (ET)
Sep 28, 2015 · 8:37 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 | Sep 24, 2015 | M | 12,500 | $35.625 | A | 37,675,000 | D | |
| Common StockF1,F2 | Sep 24, 2015 | S | 8,200 | $70.923 | D | 37,666,800 | D | |
| Common StockF1,F3 | Sep 24, 2015 | S | 4,300 | $71.7227 | D | 37,662,500 | D | |
| Common StockF1 | Sep 25, 2015 | M | 12,500 | $35.625 | A | 37,675,000 | D | |
| Common StockF1,F4 | Sep 25, 2015 | S | 7,600 | $72.59 | D | 37,667,400 | D | |
| Common StockF1,F5 | Sep 25, 2015 | S | 4,900 | $73.2862 | D | 37,662,500 | D | |
| Common StockF1 | Sep 28, 2015 | M | 12,500 | $35.625 | A | 37,675,000 | D | |
| Common StockF1,F6 | Sep 28, 2015 | S | 5,800 | $69.4531 | D | 37,669,200 | D | |
| Common StockF1,F7 | Sep 28, 2015 | S | 1,700 | $70.5335 | D | 37,667,500 | D | |
| Common StockF1,F8 | Sep 28, 2015 | S | 3,100 | $71.6856 | D | 37,664,400 | D | |
| Common StockF1,F9 | Sep 28, 2015 | S | 1,900 | $72.2779 | 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,F10 | $35.625 | Sep 24, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 125,000 | D |
| Non-qualified Stock Option (Right to Buy)F1,F10 | $35.625 | Sep 25, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 112,500 | D |
| Non-qualified Stock Option (Right to Buy)F1,F10 | $35.625 | Sep 28, 2015 | M | 12,500 | D | Nov 23, 2011 | Nov 23, 2015 | Common Stock | 12,500 | 100,000 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F10Option 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 $70.5100 to $71.4800 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 $71.5100 to $71.9000 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 $72.0900 to $73.0800 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.
- F5Weighted average price. These shares were sold in multiple transactions at prices ranging from $73.1009 to $73.5546 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 $69.0200 to $70.0100 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 $70.0400 to $70.9800 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.
- F8Weighted average price. These shares were sold in multiple transactions at prices ranging from $71.0300 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.
- F9Weighted average price. These shares were sold in multiple transactions at prices ranging from $72.0200 to $72.5600 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.