SEC Form 4 · accession 0001127602-16-044020
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
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 8:27 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 | 648 | $0.00 | A | 25,677 | D | |
| Common Stock | Feb 26, 2016 | S | 269 | $69.0042 | D | 25,408 | D | |
| Common StockF1 | Feb 29, 2016 | M | 501 | $35.865 | A | 25,909 | D | |
| Common StockF1 | Feb 29, 2016 | S | 501 | $69.08 | D | 25,408 | 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 | Feb 25, 2016 | M | 648 | D | Nov 25, 2015 | Nov 25, 2018 | Common Stock | 648 | 7,129 | D |
| Non-qualified Stock Option (Right to Buy)F1,F4 | $35.865 | Feb 29, 2016 | M | 501 | D | Feb 28, 2013 | Feb 28, 2017 | Common Stock | 501 | 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.
- F4Option is exercisable and vests over four years at the rate of 25% on February 28, 2013, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.