SEC Form 4 · accession 0001127602-18-008548
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
Feb 26, 2018
Accepted (ET)
Feb 26, 2018 · 8:24 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 | Feb 26, 2018 | M | 8,625 | $59.64 | A | 28,970 | D | |
| Common StockF2 | Feb 26, 2018 | S | 8,625 | $116.0231 | D | 20,345 | D | |
| Common Stock | Feb 26, 2018 | M | 3,315 | $75.57 | A | 23,660 | D | |
| Common StockF3 | Feb 26, 2018 | S | 3,315 | $116.0275 | D | 20,345 | D | |
| Common Stock | Feb 26, 2018 | M | 4,906 | $80.99 | A | 25,251 | D | |
| Common StockF4 | Feb 26, 2018 | S | 4,906 | $116.0159 | D | 20,345 | 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)F5 | $59.64 | Feb 26, 2018 | M | 8,625 | D | Aug 26, 2015 | Aug 26, 2021 | Common Stock | 8,625 | 51,747 | D |
| Non-qualified Stock Option (Right to Buy)F6 | $75.57 | Feb 26, 2018 | M | 3,315 | D | Nov 22, 2017 | Nov 22, 2023 | Common Stock | 3,315 | 109,395 | D |
| Non-qualified Stock Option (Right to Buy)F7 | $80.99 | Feb 26, 2018 | M | 4,906 | D | Nov 22, 2016 | Nov 22, 2022 | Common Stock | 4,906 | 103,022 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $115.4700 to $116.3700 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 $115.6800 to $116.2200 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.
- F4Weighted average price. These shares were sold in multiple transactions at prices ranging from $115.4700 to $116.3700 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.
- F5Option 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.
- F6Option vests over four years at the rate of 25% on November 22, 2017, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- F7Option 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.