SEC Form 4 · accession 0001127602-16-063208

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 22, 2016

Accepted (ET)

Sep 26, 2016 · 8:24 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
Common Stock	Sep 22, 2016	M	12,500	$27.0625	A	35,033,000	D
Common Stock^F2	Sep 22, 2016	S	12,500	$74.6107	D	35,020,500	D
Common Stock	Sep 23, 2016	M	12,500	$27.0625	A	35,033,000	D
Common Stock^F3	Sep 23, 2016	S	7,500	$70.5251	D	35,025,500	D
Common Stock^F4	Sep 23, 2016	S	4,700	$71.71	D	35,020,800	D
Common Stock^F5	Sep 23, 2016	S	300	$72.56	D	35,020,500	D
Common Stock	Sep 26, 2016	M	12,500	$27.0625	A	35,033,000	D
Common Stock^F6	Sep 26, 2016	S	12,500	$70.2083	D	35,020,500	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 22, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	137,500	D
Non-qualified Stock Option (Right to Buy)^F7	$27.0625	Sep 23, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	125,000	D
Non-qualified Stock Option (Right to Buy)^F7	$27.0625	Sep 26, 2016	M	12,500	D	Nov 22, 2012	Nov 22, 2016	Common Stock	12,500	112,500	D

Explanation of responses

F1Pursuant to a 10b5-1 Plan.
F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $74.3450 to $75.0200 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 $70.1600 to $71.1600 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 $71.2100 to $72.1400 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 $72.3400 to $73.0000 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 $69.9000 to $70.6800 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.
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.