SEC Form 4 · accession 0001127602-17-032121
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Parker Harris
Officer — Co-Founder and CTO
Period of report
Nov 14, 2017
Accepted (ET)
Nov 14, 2017 · 8:01 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 14, 2017 | M | 8,026 | $39.0925 | A | 19,261 | D | |
| Common StockF2 | Nov 14, 2017 | S | 7,617 | $105.9447 | D | 11,644 | D | |
| Common StockF3 | Nov 14, 2017 | S | 409 | $106.296 | D | 11,235 | D | |
| Common StockF4 | holding | — | — | — | 308,472 | I | By GP Family Trust | |
| Common StockF5 | holding | — | — | — | 1,093,636 | I | By HJ Family Trust | |
| Common StockF6 | holding | — | — | — | 308,472 | I | By Holly Familytrust | |
| Common StockF7 | holding | — | — | — | 173,760 | I | GPH Exempt GST | |
| Common StockF8 | 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)F9 | $39.0925 | Nov 14, 2017 | M | 8,026 | D | Nov 27, 2013 | Nov 27, 2017 | Common Stock | 8,026 | 8,026 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $105.2700 to $106.2500 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 $106.2900 to $106.3400 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.
- F4Shares held in The G. Parker Harris III Family Trust under the G. Parker Harris, III Grantor Retained Annuity Trust, dated December 19, 2003.
- F5Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
- F6Shares held in The Holly L. Johnson Family Trust under the Holly L. Johnson Grantor Retained Annuity Trust, dated December 19, 2003.
- F7Shares held in The G. Parker Harris III Exempt GST Family Trust.
- F8Shares held in The Holly L. Johnson Exempt GST Family Trust.
- F9Option 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.