SEC Form 4 · accession 0001127602-17-020413
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Burke F Norton
Officer — EVP and Chief Legal Officer
Period of report
Jun 2, 2017
Accepted (ET)
Jun 2, 2017 · 8:10 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 | Jun 2, 2017 | M | 103,034 | $52.30 | A | 184,278 | D | |
| Common StockF1 | Jun 2, 2017 | S | 103,034 | $91.0084 | D | 81,244 | D | |
| Common StockF2 | Jun 2, 2017 | S | 80,733 | $90.6507 | D | 511 | 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)F3 | $52.30 | Jun 2, 2017 | M | 103,034 | D | Nov 26, 2014 | Nov 26, 2020 | Common Stock | 103,034 | 113,980 | D |
Explanation of responses
- F1Weighted average price. These shares were sold in multiple transactions at prices ranging from $91.0000 to $91.0900 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.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $90.5000 to $90.9000 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.
- F3These restricted stock units vested as to 25% of the original grant on November 26, 2014 and vest as to 1/16 of the original grant quarterly thereafter.