SEC Form 4 · accession 0001127602-18-026333
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
Aug 26, 2018
Accepted (ET)
Aug 27, 2018 · 8:50 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 | Aug 26, 2018 | M | 1,876 | $0.00 | A | 26,242 | D | |
| Common Stock | Aug 27, 2018 | S | 942 | $151.5333 | D | 25,300 | D | |
| Common Stock | Aug 27, 2018 | M | 8,625 | $59.64 | A | 33,925 | D | |
| Common Stock | Aug 27, 2018 | M | 3,315 | $75.57 | A | 37,240 | D | |
| Common Stock | Aug 27, 2018 | M | 4,905 | $80.99 | A | 42,145 | D | |
| Common StockF2 | Aug 27, 2018 | S | 7,000 | $150.8617 | D | 35,145 | D | |
| Common StockF3 | Aug 27, 2018 | S | 7,100 | $151.4573 | D | 28,045 | D | |
| Common StockF4 | Aug 27, 2018 | S | 2,745 | $154.4824 | D | 25,300 | 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 UnitsF5,F6 | $0.00 | Aug 26, 2018 | M | 1,876 | D | Aug 26, 2015 | Aug 26, 2018 | Common Stock | 1,876 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F7 | $59.64 | Aug 27, 2018 | M | 8,625 | D | Aug 26, 2015 | Aug 26, 2021 | Common Stock | 8,625 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F8 | $75.57 | Aug 27, 2018 | M | 3,315 | D | Nov 22, 2017 | Nov 22, 2023 | Common Stock | 3,315 | 89,505 | D |
| Non-qualified Stock Option (Right to Buy)F9 | $80.99 | Aug 27, 2018 | M | 4,905 | D | Nov 22, 2016 | Nov 22, 2022 | Common Stock | 4,905 | 73,588 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $150.2400 to $151.2300 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 $151.2400 to $151.8300 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 $154.0000 to $154.5600 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.
- F5Restricted stock units convert to shares of common stock on a one-for-one basis.
- F6These 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.
- F7Option 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.
- F8Option 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.
- F9Option 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.