SEC Form 4 · accession 0001127602-16-057815

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

Jul 5, 2016

Accepted (ET)

Jul 8, 2016 · 9:35 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	Jul 5, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F1,F2	Jul 5, 2016	S	12,500	$78.7163	D	35,370,500	D
Common Stock^F1	Jul 6, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F1,F3	Jul 6, 2016	S	12,500	$78.3577	D	35,370,500	D
Common Stock^F1	Jul 7, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F1,F4	Jul 7, 2016	S	12,500	$78.7656	D	35,370,500	D
Common Stock^F1	Jul 8, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F1,F5	Jul 8, 2016	S	1,200	$79.9642	D	35,381,800	D
Common Stock^F1,F6	Jul 8, 2016	S	11,300	$80.8291	D	35,370,500	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,F7	$27.0625	Jul 5, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	837,500	D
Non-qualified Stock Option (Right to Buy)^F1,F7	$27.0625	Jul 6, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	825,000	D
Non-qualified Stock Option (Right to Buy)^F1,F7	$27.0625	Jul 7, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	812,500	D
Non-qualified Stock Option (Right to Buy)^F1,F7	$27.0625	Jul 8, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	800,000	D

Explanation of responses

F1Pursuant to a 10b5-1 Plan.
F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $78.3100 to $79.1800 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 $77.8200 to $78.6800 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.
F4Weighted average price. These shares were sold in multiple transactions at prices ranging from $78.4300 to $79.0400 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 $79.4200 to $80.3500 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.
F6Weighted average price. These shares were sold in multiple transactions at prices ranging from $80.4600 to $81.0800 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.
F7Option 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.