SEC Form 4 · accession 0001127602-15-032687
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Burke F Norton
Officer — EVP and Chief Legal Officer
Period of report
Nov 25, 2015
Accepted (ET)
Nov 27, 2015 · 9:01 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 | 6,048 | $0.00 | A | 69,838 | D | |
| Common Stock | Nov 26, 2015 | M | 1,085 | $0.00 | A | 70,923 | D | |
| Common Stock | Nov 27, 2015 | S | 3,771 | $79.8461 | D | 67,152 | 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 UnitsF1,F2 | $0.00 | Nov 25, 2015 | M | 6,048 | D | Nov 25, 2015 | Nov 25, 2018 | Common Stock | 6,048 | 18,145 | D |
| Restricted Stock UnitsF1,F3 | $0.001 | Nov 26, 2015 | M | 1,085 | D | Nov 26, 2014 | Nov 26, 2017 | Common Stock | 1,085 | 8,682 | D |
Explanation of responses
- F1Restricted stock units convert to shares of common stock on a one-for-one basis.
- F2These 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.
- F3These restricted stock units vested as to 25% of the original grant on November 26, 2014 and vest as to 1/16 of the original grant quarterly thereafter.