SEC Form 4 · accession 0001127602-15-032685
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 25, 2015
Accepted (ET)
Nov 27, 2015 · 8:58 pm EST
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 Stock | Nov 25, 2015 | M | 2,592 | $0.00 | A | 30,962 | D | |
| Common Stock | Nov 26, 2015 | M | 724 | $0.00 | A | 31,686 | D | |
| Common Stock | Nov 27, 2015 | S | 1,753 | $79.8461 | D | 29,933 | D | |
| Common StockF1 | Nov 27, 2015 | M | 828 | $27.0625 | A | 30,761 | D | |
| Common StockF1 | Nov 27, 2015 | S | 828 | $80.3468 | D | 29,933 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Nov 25, 2015 | M | 2,592 | D | Nov 25, 2015 | Nov 25, 2018 | Common Stock | 2,592 | 7,777 | D |
| Restricted Stock UnitsF2,F4 | $0.001 | Nov 26, 2015 | M | 724 | D | Nov 26, 2014 | Nov 26, 2017 | Common Stock | 724 | 5,788 | D |
| Non-qualified Stock Option (Right to Buy)F1,F5 | $27.0625 | Nov 27, 2015 | M | 828 | D | Nov 22, 2012 | Nov 22, 2016 | Common Stock | 828 | 0 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Restricted stock units convert to shares of common stock on a one-for-one basis.
- F3These restricted stock units vested as to 25% of the original grant on November 25, 2015 and vest as to 1/16 of the original grant quarterly thereafter.
- F4These restricted stock units vest as to 25% of the original grant on November 26, 2014 and vest as to 1/16 of the original grant quarterly thereafter.
- F5Option 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.