SEC Form 4 · accession 0001127602-18-026343
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexandre Dayon
Officer — Pres. & Chief Product Officer
Period of report
Aug 25, 2018
Accepted (ET)
Aug 27, 2018 · 9:21 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 25, 2018 | M | 1,512 | $0.00 | A | 43,759 | D | |
| Common Stock | Aug 27, 2018 | S | 760 | $151.5333 | D | 42,999 | D | |
| Common Stock | Aug 27, 2018 | M | 20,855 | $59.34 | A | 63,854 | D | |
| Common StockF2 | Aug 27, 2018 | S | 5,660 | $151.1296 | D | 58,194 | D | |
| Common StockF3 | Aug 27, 2018 | S | 14,595 | $151.4852 | D | 43,599 | D | |
| Common StockF4 | Aug 27, 2018 | S | 300 | $153.4733 | D | 43,299 | D | |
| Common StockF5 | Aug 27, 2018 | S | 300 | $154.5067 | D | 42,999 | 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 UnitsF6,F7 | $0.00 | Aug 25, 2018 | M | 1,512 | D | Nov 25, 2015 | Nov 25, 2018 | Common Stock | 1,512 | 1,513 | D |
| Non-qualified Stock Option (Right to Buy)F8 | $59.34 | Aug 27, 2018 | M | 20,855 | D | Nov 25, 2015 | Nov 25, 2021 | Common Stock | 20,855 | 20,856 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Trading Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $150.3100 to $151.3000 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 $151.3100 to $152.2500 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 $153.1500 to $154.0400 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.
- F5Weighted average price. These shares were sold in multiple transactions at prices ranging from $154.3200 to $154.6100 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.
- F6Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- F7These restricted stock units vested as to 25% of the original grant on November 25, 2015 and vest as to 1/16 of the original grant quarterly thereafter.
- F8Option is exercisable and vests over four years at the rate of 25% on November 25, 2015, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.