SEC Form 4 · accession 0001127602-18-028877
Salesforce, Inc. · CRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Srinivas Tallapragada
Officer — President, Technology
Period of report
Oct 1, 2018
Accepted (ET)
Oct 1, 2018 · 7:40 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 | Oct 1, 2018 | M | 22,606 | $52.30 | A | 41,808 | D | |
| Common Stock | Oct 1, 2018 | M | 15,000 | $54.36 | A | 56,808 | D | |
| Common StockF2 | Oct 1, 2018 | S | 26,600 | $160.0441 | D | 30,208 | D | |
| Common StockF3 | Oct 1, 2018 | S | 11,006 | $160.8215 | D | 19,202 | 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)F4 | $52.30 | Oct 1, 2018 | M | 22,606 | D | Nov 26, 2014 | Nov 26, 2020 | Common Stock | 22,606 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F5 | $54.36 | Oct 1, 2018 | M | 15,000 | D | May 27, 2015 | May 27, 2021 | Common Stock | 15,000 | 15,286 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $159.6300 to $160.6100 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.
- F3Weighted average price. These shares were sold in multiple transactions at prices ranging from $160.6400 to $161.0900 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.
- F4Option is exercisable and vests over four years at the rate of 25% on November 26, 2014, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- F5Option is exercisable and vests over four years at the rate of 25% on May 27, 2015, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.