SEC Form 4 · accession 0001127602-16-057813
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Block
Officer — Pres., Vice Chairman and COO · Director
Period of report
Jul 8, 2016
Accepted (ET)
Jul 8, 2016 · 9:24 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 | Jul 8, 2016 | M | 40,000 | $37.95 | A | 40,000 | D | |
| Common StockF1 | Jul 8, 2016 | S | 40,000 | $81.00 | 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 | Jul 8, 2016 | M | 40,000 | D | Jun 5, 2014 | Jun 5, 2018 | Common Stock | 40,000 | 803,394 | 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, 2014, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.