SEC Form 4 · accession 0001127602-16-060262

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

Aug 12, 2016

Accepted (ET)

Aug 15, 2016 · 7:48 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	Aug 12, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F1,F2	Aug 12, 2016	S	3,800	$81.6797	D	35,379,200	D
Common Stock^F1,F3	Aug 12, 2016	S	8,700	$81.2923	D	35,370,500	D
Common Stock^F1	Aug 15, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F1,F4	Aug 15, 2016	S	9,093	$78.8961	D	35,373,907	D
Common Stock^F1,F5	Aug 15, 2016	S	3,407	$79.3947	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,F6	$27.0625	Aug 12, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	487,500	D
Non-qualified Stock Option (Right to Buy)^F1,F6	$27.0625	Aug 15, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	475,000	D

Explanation of responses

F1Pursuant to a 10b5-1 Plan.
F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $81.6400 to $81.7500 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 $80.6400 to $81.6300 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 $78.2600 to $79.2400 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 $79.2800 to $79.7400 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.