SEC Form 4 · accession 0001127602-16-055600

Salesforce, Inc. · CRM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Marc Benioff

Officer — Chairman of the Board & CEO · Director

Period of report

Jun 13, 2016

Accepted (ET)

Jun 15, 2016 · 7:17 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
Common Stock^F1	Jun 13, 2016	M	12,500	$27.0625	A	35,425,000	D
Common Stock^F1,F2	Jun 13, 2016	S	10,300	$81.8215	D	35,414,700	D
Common Stock^F1,F3	Jun 13, 2016	S	2,200	$82.5773	D	35,412,500	D
Common Stock^F1	Jun 14, 2016	M	12,500	$27.0625	A	35,425,000	D
Common Stock^F1,F4	Jun 14, 2016	S	12,500	$81.1247	D	35,412,500	D
Common Stock^F1	Jun 15, 2016	M	12,500	$27.0625	A	35,425,000	D
Common Stock^F1,F5	Jun 15, 2016	S	12,500	$82.2103	D	35,412,500	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,F6	$27.0625	Jun 13, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	1,025,000	D
Non-qualified Stock Option (Right to Buy)^F1,F6	$27.0625	Jun 14, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	1,012,500	D
Non-qualified Stock Option (Right to Buy)^F1,F6	$27.0625	Jun 15, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	1,000,000	D

Explanation of responses

F1Pursuant to a 10b5-1 Plan.
F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $81.2900 to $82.2500 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3Weighted average price. These shares were sold in multiple transactions at prices ranging from $82.3500 to $82.9500 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4Weighted average price. These shares were sold in multiple transactions at prices ranging from $80.7800 to $81.6800 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5Weighted average price. These shares were sold in multiple transactions at prices ranging from $81.8200 to $82.4900 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F6Option is exercisable and vests over four years at the rate of 25% on November 22, 2012, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.