SEC Form 4 · accession 0001127602-17-033333
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Hawkins
Officer — President and CFO
Period of report
Nov 22, 2017
Accepted (ET)
Nov 27, 2017 · 9:10 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 22, 2017 | M | 926 | $0.00 | A | 16,206 | D | |
| Common Stock | Nov 22, 2017 | M | 4,962 | $0.00 | A | 21,168 | D | |
| Common Stock | Nov 24, 2017 | S | 3,113 | $106.7731 | D | 18,055 | D | |
| Common Stock | Nov 26, 2017 | M | 1,876 | $0.00 | A | 19,931 | D | |
| Common Stock | Nov 27, 2017 | M | 4,906 | $80.99 | A | 24,837 | D | |
| Common Stock | Nov 27, 2017 | M | 8,625 | $59.64 | A | 33,462 | D | |
| Common Stock | Nov 27, 2017 | S | 992 | $106.6326 | D | 32,470 | D | |
| Common StockF2 | Nov 27, 2017 | S | 4,906 | $106.956 | D | 27,564 | D | |
| Common StockF3 | Nov 27, 2017 | S | 8,625 | $106.9589 | D | 18,939 | 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 UnitsF4,F5 | $0.00 | Nov 22, 2017 | M | 926 | D | Nov 22, 2016 | Nov 22, 2019 | Common Stock | 926 | 7,409 | D |
| Restricted Stock UnitsF4,F6 | $0.00 | Nov 22, 2017 | M | 4,962 | D | Nov 22, 2017 | Nov 22, 2020 | Common Stock | 4,962 | 14,888 | D |
| Restricted Stock UnitsF4,F7 | $0.00 | Nov 26, 2017 | M | 1,876 | D | Aug 26, 2015 | Aug 26, 2018 | Common Stock | 1,876 | 5,628 | D |
| Non-qualified Stock Option (Right to Buy)F8 | $80.99 | Nov 27, 2017 | M | 4,906 | D | Nov 22, 2016 | Nov 22, 2022 | Common Stock | 4,906 | 117,740 | D |
| Non-qualified Stock Option (Right to Buy)F9 | $59.64 | Nov 27, 2017 | M | 8,625 | D | Aug 26, 2015 | Aug 26, 2021 | Common Stock | 8,625 | 77,620 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $106.7900 to $107.2300 inclusive. The reporting person undertakes to provide 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 $106.7900 to $107.2550 inclusive. The reporting person undertakes to provide 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.
- F4Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- F5These restricted stock units vest as to 25% of the original grant on November 22, 2016 and vest as to 1/16 of the original grant quarterly thereafter.
- F6These restricted stock units vested as to 25% of the original grant on November 22, 2017 and vest as to 1/16 of the original grant quarterly thereafter.
- F7These restricted stock units vest as to 25% of the original grant on August 26, 2015 and vest as to 1/16 of the original grant quarterly thereafter.
- F8Option vests over four years at the rate of 25% on November 22, 2016, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- F9Option is exercisable and vests over four years at the rate of 25% on August 26, 2015, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.