SEC Form 4 · accession 0001127602-16-041640
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Parker Harris
Officer — Co-Founder
Period of report
Feb 16, 2016
Accepted (ET)
Feb 16, 2016 · 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 StockF1 | Feb 16, 2016 | M | 5,000 | $27.0625 | A | 33,935 | D | |
| Common StockF1,F2 | Feb 16, 2016 | S | 3,182 | $59.2273 | D | 30,753 | D | |
| Common StockF1,F3 | Feb 16, 2016 | S | 1,618 | $59.8028 | D | 29,135 | D | |
| Common StockF1,F4 | Feb 16, 2016 | S | 200 | $60.795 | D | 28,935 | D | |
| Common StockF5 | holding | — | — | — | 308,472 | I | By GP Family Trust | |
| Common StockF6 | holding | — | — | — | 1,081,715 | I | By HJ Family Trust | |
| Common StockF7 | holding | — | — | — | 308,472 | I | By Holly Familytrust | |
| Common StockF8 | holding | — | — | — | 173,760 | I | GPH Exempt GST | |
| Common StockF9 | holding | — | — | — | 173,760 | I | HJ Exempt GST |
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 | $27.0625 | Feb 16, 2016 | M | 5,000 | D | Nov 22, 2012 | Nov 22, 2016 | Common Stock | 5,000 | 173,000 | 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 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.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $58.4900 to $59.4800 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 $59.4900 to $60.4500 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 $60.7900 to $60.8000 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.
- F5Shares held in The G. Parker Harris III Family Trust under the G. Parker Harris, III Grantor Retained Annuity Trust, dated December 19, 2003.
- F6Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
- F7Shares held in The Holly L. Johnson Family Trust under the Holly L. Johnson Grantor Retained Annuity Trust, dated December 19, 2003.
- F8Shares held in The G. Parker Harris III Exempt GST Family Trust.
- F9Shares held in The Holly L. Johnson Exempt GST Family Trust.