SEC Form 4 · accession 0001127602-16-044327
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 26, 2016
Accepted (ET)
Mar 1, 2016 · 8:20 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 26, 2016 | M | 723 | $0.00 | A | 26,131 | D | |
| Common Stock | Feb 27, 2016 | M | 4,936 | $0.00 | A | 31,067 | D | |
| Common Stock | Feb 29, 2016 | S | 2,355 | $68.4331 | D | 28,712 | D | |
| Common Stock | Feb 29, 2016 | S | 4 | $67.7025 | D | 28,708 | D | |
| Common Stock | Feb 29, 2016 | S | 11 | $67.7001 | D | 28,697 | 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 | $0.001 | Feb 26, 2016 | M | 723 | D | Nov 26, 2014 | Nov 26, 2017 | Common Stock | 723 | 5,065 | D |
| Restricted Stock UnitsF1,F3 | $0.001 | Feb 27, 2016 | M | 4,936 | D | Nov 27, 2013 | Nov 27, 2016 | Common Stock | 4,936 | 14,804 | 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 26, 2014 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 27, 2013 and vest as to 1/16 of the original grant quarterly thereafter.