SEC Form 4 · accession 0001127602-16-067967
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexandre Dayon
Officer — Pres. & Chief Product Officer
Period of report
Nov 18, 2016
Accepted (ET)
Nov 21, 2016 · 8:07 pm EST
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 | Nov 18, 2016 | M | 33,408 | $27.0625 | A | 48,704 | D | |
| Common StockF2 | Nov 18, 2016 | S | 27,908 | $77.7673 | D | 20,796 | D | |
| Common StockF3 | Nov 18, 2016 | S | 3,700 | $78.7005 | D | 17,096 | D | |
| Common StockF4 | Nov 18, 2016 | S | 1,800 | $79.5535 | D | 15,296 | 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)F5 | $27.0625 | Nov 18, 2016 | M | 33,408 | D | Apr 20, 2013 | Nov 22, 2016 | Common Stock | 33,408 | 0 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Trading Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $77.3200 to $78.3170 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 $78.3600 to $79.2156 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 $79.3700 to $80.3200 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.
- F5Option is exercisable and vests over four years at the rate of 25% on April 20, 2013, with the balance vesting in equal monthly installments over the remaining 36 months.