SEC Form 4 · accession 0001127602-18-037468
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
Dec 24, 2018
Accepted (ET)
Dec 27, 2018 · 8:11 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 | Dec 24, 2018 | M | 4,905 | $80.99 | A | 30,098 | D | |
| Common Stock | Dec 24, 2018 | M | 3,315 | $75.57 | A | 33,413 | D | |
| Common StockF2 | Dec 24, 2018 | S | 3,566 | $120.9688 | D | 29,847 | D | |
| Common StockF3 | Dec 24, 2018 | S | 3,200 | $121.9592 | D | 26,647 | D | |
| Common StockF4 | Dec 24, 2018 | S | 1,500 | $123.00 | D | 25,147 | D | |
| Common StockF5 | Dec 24, 2018 | S | 700 | $123.9757 | D | 24,447 | D | |
| Common Stock | Dec 24, 2018 | S | 100 | $124.51 | D | 24,347 | 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)F6 | $80.99 | Dec 24, 2018 | M | 4,905 | D | Nov 22, 2016 | Nov 22, 2022 | Common Stock | 4,905 | 53,965 | D |
| Non-qualified Stock Option (Right to Buy)F7 | $75.57 | Dec 24, 2018 | M | 3,315 | D | Nov 22, 2017 | Nov 22, 2023 | Common Stock | 3,315 | 76,245 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 Plan.
- F2Weighted average price. These shares were sold in multiple transactions at prices ranging from $120.3400 to $121.3300 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 $121.4700 to $122.3900 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 $122.4700 to $123.4200 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 $123.4800 to $124.3200 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.
- F6Option 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.
- F7Option 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.