Sundeep G. Reddy - 22 Oct 2021 Form 4 Insider Report for SALESFORCE.COM, INC. (CRM)

Signature
/s/ Anisha Mehta, Attorney-in-Fact for Sundeep G. Reddy
Issuer symbol
CRM
Transactions as of
22 Oct 2021
Net transactions value
+$7,327,458
Form type
4
Filing time
25 Oct 2021, 19:28:19 UTC
Previous filing
21 Sep 2021
Next filing
22 Apr 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRM Non-qualified Stock Option (Right to Buy) Award $7,327,458 +25,046 $292.56 25,046 22 Oct 2021 Common Stock 25,046 $292.56 Direct F1
transaction CRM Restricted Stock Units Award $0 +6,763 $0.000000 6,763 22 Oct 2021 Common Stock 6,763 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vests over four years at the rate of 25% on October 22, 2022, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
F2 Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F3 These restricted stock units vest as to 25% of the original grant on October 22, 2022 and vest as to 1/16 of the original grant quarterly thereafter.