SEC Form 4 · accession 0001127602-15-032693
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Hawkins
Officer — Chief Financial Officer
Period of report
Nov 26, 2015
Accepted (ET)
Nov 27, 2015 · 9:12 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 26, 2015 | M | 1,875 | $0.00 | A | 6,342 | D | |
| Common Stock | Nov 27, 2015 | S | 992 | $79.8461 | D | 5,350 | D | |
| Common StockF1 | Nov 27, 2015 | M | 8,625 | $59.64 | A | 13,975 | D | |
| Common StockF1,F2 | Nov 27, 2015 | S | 8,625 | $80.0952 | D | 5,350 | 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 UnitsF3,F4 | $0.00 | Nov 26, 2015 | M | 1,875 | D | Aug 26, 2015 | Aug 26, 2018 | Common Stock | 1,875 | 20,635 | D |
| Non-qualified Stock Option (Right to Buy)F1,F5 | $59.64 | Nov 27, 2015 | M | 8,625 | D | Aug 26, 2015 | Aug 26, 2021 | Common Stock | 8,625 | 284,607 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $79.7000 to $80.3300 inclusive. The reporting person undertakes to provide 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.
- F3Restricted stock units convert to shares of common stock on a one-for-one basis.
- F4These restricted stock units vest as to 25% of the original grant on August 26, 2015 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 August 26, 2015, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.