SEC Form 4 · accession 0001127602-17-021242
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
Jun 9, 2017
Accepted (ET)
Jun 12, 2017 · 7:46 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 9, 2017 | M | 10,000 | $39.0925 | A | 34,195,300 | D | |
| Common StockF2 | Jun 9, 2017 | S | 700 | $86.2107 | D | 34,194,600 | D | |
| Common StockF3 | Jun 9, 2017 | S | 4,000 | $87.125 | D | 34,190,600 | D | |
| Common StockF4 | Jun 9, 2017 | S | 800 | $88.8238 | D | 34,189,800 | D | |
| Common StockF5 | Jun 9, 2017 | S | 4,200 | $90.5158 | D | 34,185,600 | D | |
| Common StockF6 | Jun 9, 2017 | S | 300 | $91.07 | D | 34,185,300 | D | |
| Common Stock | Jun 12, 2017 | M | 10,000 | $39.0925 | A | 34,195,300 | D | |
| Common StockF7 | Jun 12, 2017 | S | 1,600 | $84.4225 | D | 34,193,700 | D | |
| Common StockF8 | Jun 12, 2017 | S | 6,470 | $86.0354 | D | 34,187,230 | D | |
| Common StockF9 | Jun 12, 2017 | S | 1,930 | $86.3942 | D | 34,185,300 | 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)F10 | $39.0925 | Jun 9, 2017 | M | 10,000 | D | Nov 27, 2013 | Nov 27, 2017 | Common Stock | 10,000 | 400,000 | D |
| Non-qualified Stock Option (Right to Buy)F10 | $39.0925 | Jun 12, 2017 | M | 10,000 | D | Nov 27, 2013 | Nov 27, 2017 | Common Stock | 10,000 | 390,000 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F10Option is exercisable and vests over four years at the rate of 25% on November 27, 2013, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $85.6950 to $86.6700 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 $86.7900 to $87.5900 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 $88.6400 to $89.0500 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 $89.9300 to $90.9100 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 $91.0300 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.
- F7Weighted average price. These shares were sold in multiple transactions at prices ranging from $83.9600 to $84.8500 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.
- F8Weighted average price. These shares were sold in multiple transactions at prices ranging from $85.3000 to $86.2900 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.
- F9Weighted average price. These shares were sold in multiple transactions at prices ranging from $86.3000 to $86.5700 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.