SEC Form 4 · accession 0001127602-16-064971
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Parker Harris
Officer — Co-Founder
Period of report
Oct 18, 2016
Accepted (ET)
Oct 18, 2016 · 8:06 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 | Oct 18, 2016 | M | 3,000 | $27.0625 | A | 37,467 | D | |
| Common StockF2 | Oct 18, 2016 | S | 2,800 | $72.9136 | D | 34,667 | D | |
| Common Stock | Oct 18, 2016 | S | 200 | $74.14 | D | 34,467 | D | |
| Common StockF3 | holding | — | — | — | 308,472 | I | By GP Family Trust | |
| Common StockF4 | holding | — | — | — | 1,072,745 | I | By HJ Family Trust | |
| Common StockF5 | holding | — | — | — | 308,472 | I | By Holly Familytrust | |
| Common StockF6 | holding | — | — | — | 173,760 | I | GPH Exempt GST | |
| Common StockF7 | holding | — | — | — | 173,760 | I | HJ Exempt GST |
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)F8 | $27.0625 | Oct 18, 2016 | M | 3,000 | D | Nov 22, 2012 | Nov 22, 2016 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $72.6800 to $73.6300 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.
- F3Shares held in The G. Parker Harris III Family Trust under the G. Parker Harris, III Grantor Retained Annuity Trust, dated December 19, 2003.
- F4Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
- F5Shares held in The Holly L. Johnson Family Trust under the Holly L. Johnson Grantor Retained Annuity Trust, dated December 19, 2003.
- F6Shares held in The G. Parker Harris III Exempt GST Family Trust.
- F7Shares held in The Holly L. Johnson Exempt GST Family Trust.
- F8Option 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.