SEC Form 4 · accession 0001127602-16-069777
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
Dec 10, 2016
Accepted (ET)
Dec 12, 2016 · 7:29 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 | Dec 10, 2016 | M | 4,112 | $0.00 | A | 23,710 | D | |
| Common StockF1 | Dec 12, 2016 | S | 2,159 | $70.7594 | D | 21,551 | 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 UnitsF2,F3 | $0.00 | Dec 10, 2016 | M | 4,112 | D | Dec 10, 2013 | Dec 10, 2016 | Common Stock | 4,112 | 0 | D |
Explanation of responses
- F1Weighted average price. These shares were sold in multiple transactions at prices ranging from $70.1561 to $70.7600 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.
- F2Restricted stock units convert to shares of common stock on a one-for-one basis.
- F3These restricted stock units vested as to 25% of the original grant on 12/10/2013 and vest as to 1/16 of the original grant quarterly thereafter.