SEC Form 4 · accession 0001127602-16-044357
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 26, 2016
Accepted (ET)
Mar 1, 2016 · 9:17 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 | 1,085 | $0.00 | A | 69,701 | D | |
| Common Stock | Feb 27, 2016 | M | 1,148 | $0.00 | A | 70,849 | D | |
| Common Stock | Feb 29, 2016 | S | 839 | $68.4331 | D | 70,010 | D | |
| Common Stock | Feb 29, 2016 | S | 2 | $67.77 | D | 70,008 | D | |
| Common Stock | Feb 29, 2016 | S | 3 | $67.7625 | D | 70,005 | 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 | 1,085 | D | Nov 26, 2014 | Nov 26, 2017 | Common Stock | 1,085 | 7,597 | D |
| Restricted Stock UnitsF1,F3 | $0.001 | Feb 27, 2016 | M | 1,148 | D | Nov 27, 2013 | Nov 27, 2016 | Common Stock | 1,148 | 3,452 | 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.