SEC Form 4 · accession 0001127602-16-052840
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Block
Officer — President and Vice Chairman · Director
Period of report
May 19, 2016
Accepted (ET)
May 19, 2016 · 6:41 pm EDT
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 StockF1 | May 19, 2016 | M | 190,000 | $37.95 | A | 190,000 | D | |
| Common StockF1 | May 19, 2016 | S | 180,000 | $82.11 | D | 10,000 | D | |
| Common StockF1 | May 19, 2016 | S | 10,000 | $81.5463 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F1,F2 | $37.95 | May 19, 2016 | M | 190,000 | D | Jun 5, 2014 | Jun 5, 2018 | Common Stock | 190,000 | 943,394 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Option is exercisable and vests over four years at the rate of 25% on June 5, 2015, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.