SEC Form 4 · accession 0001127602-16-044012
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
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 8:15 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 | Feb 25, 2016 | M | 1,512 | $0.00 | A | 69,207 | D | |
| Common Stock | Feb 26, 2016 | S | 591 | $69.0042 | D | 68,616 | 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 | Feb 25, 2016 | M | 1,512 | D | Nov 25, 2015 | Nov 25, 2018 | Common Stock | 1,512 | 16,633 | 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.