SEC Form 4 · accession 0001127602-16-044337
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
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 8:37 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 | 1,876 | $0.00 | A | 7,226 | D | |
| Common Stock | Feb 29, 2016 | S | 700 | $68.4331 | D | 6,526 | D | |
| Common Stock | Feb 29, 2016 | S | 5 | $67.8525 | D | 6,521 | D | |
| Common StockF1 | Mar 1, 2016 | M | 8,624 | $59.64 | A | 15,145 | D | |
| Common StockF1 | Mar 1, 2016 | S | 8,624 | $70.00 | D | 6,521 | 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 26, 2016 | M | 1,876 | D | Aug 26, 2015 | Aug 26, 2018 | Common Stock | 1,876 | 18,759 | D |
| Non-qualified Stock Option (Right to Buy)F1,F4 | $59.64 | Mar 1, 2016 | M | 8,624 | D | Aug 26, 2015 | Aug 26, 2021 | Common Stock | 8,624 | 258,734 | 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 vest as to 25% of the original grant on August 26, 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 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.