SEC Form 4 · accession 0001127602-16-062534

Salesforce, Inc. · CRM

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

Reporting owner

Marc Benioff

Officer — Chairman of the Board and CEO · Director

Period of report

Sep 12, 2016

Accepted (ET)

Sep 14, 2016 · 7:13 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
Common Stock^F1	Sep 12, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F2,F1	Sep 12, 2016	S	12,500	$74.3394	D	35,370,500	D
Common Stock^F1	Sep 13, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F3,F1	Sep 13, 2016	S	12,000	$73.178	D	35,371,000	D
Common Stock^F4,F1	Sep 13, 2016	S	500	$73.832	D	35,370,500	D
Common Stock^F1	Sep 14, 2016	M	12,500	$27.0625	A	35,383,000	D
Common Stock^F5,F1	Sep 14, 2016	S	11,900	$73.842	D	35,371,100	D
Common Stock^F6,F1	Sep 14, 2016	S	600	$74.3567	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)^F7	$27.0625	Sep 12, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	237,500	D
Non-qualified Stock Option (Right to Buy)^F7	$27.0625	Sep 13, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	225,000	D
Non-qualified Stock Option (Right to Buy)^F7	$27.0625	Sep 14, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	212,500	D

Explanation of responses

F1Shares held in The Marc R. Benioff Revocable Trust.
F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $73.7200 to $74.6400 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 $72.7400 to $73.6500 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 $73.7900 to $73.8700 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 $73.0600 to $74.2600 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 $74.2900 to $74.4300 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.