SEC Form 4 · accession 0001127602-16-061425
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Burke F Norton
Officer — EVP and Chief Legal Officer
Period of report
Aug 25, 2016
Accepted (ET)
Aug 29, 2016 · 9:13 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 Stock | Aug 25, 2016 | M | 1,512 | $0.00 | A | 73,671 | D | |
| Common Stock | Aug 26, 2016 | S | 800 | $79.9123 | D | 72,871 | D | |
| Common Stock | Aug 26, 2016 | M | 1,085 | $0.00 | A | 73,956 | D | |
| Common Stock | Aug 27, 2016 | M | 1,148 | $0.00 | A | 75,104 | D | |
| Common Stock | Aug 29, 2016 | S | 1,181 | $79.9253 | D | 73,923 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Aug 25, 2016 | M | 1,512 | D | Nov 25, 2015 | Nov 25, 2018 | Common Stock | 1,512 | 13,609 | D |
| Restricted Stock UnitsF1,F3 | $0.001 | Aug 26, 2016 | M | 1,085 | D | Nov 26, 2014 | Nov 26, 2017 | Common Stock | 1,085 | 5,426 | D |
| Restricted Stock UnitsF1,F4 | $0.001 | Aug 27, 2016 | M | 1,148 | D | Nov 27, 2013 | Nov 27, 2016 | Common Stock | 1,148 | 1,152 | D |
Explanation of responses
- F1Restricted stock units convert to shares of common stock on a one-for-one basis.
- F2These restricted stock units vested as to 25% of the original grant on November 25, 2015 and vest as to 1/16 of the original grant quarterly thereafter.
- F3These restricted stock units vested as to 25% of the original grant on November 26, 2014 and vest as to 1/16 of the original grant quarterly thereafter.
- F4These restricted stock units vested as to 25% of the original grant on November 27, 2013 and vest as to 1/16 of the original grant quarterly thereafter.