SEC Form 4 · accession 0001127602-15-032410
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
Nov 22, 2015
Accepted (ET)
Nov 23, 2015 · 7:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108524
Table I — non-derivative securities
No Table I lines on this filing.
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 | $80.99 | Nov 22, 2015 | A | 117,740 | A | Nov 22, 2016 | Nov 22, 2022 | Common Stock | 117,740 | 117,740 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Nov 22, 2015 | A | 7,409 | A | Nov 22, 2016 | Nov 22, 2019 | Common Stock | 7,409 | 7,409 | D |
Explanation of responses
- F1Option vests over four years at the rate of 25% on November 22, 2016, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- F2Restricted stock units convert to shares of common stock on a one-for-one basis.
- F3These restricted stock units vest as to 25% of the original grant on November 22, 2016 and vest as to 1/16 of the original grant quarterly thereafter.