Marc Benioff - Apr 9, 2022 Form 4 Insider Report for Salesforce, Inc. (CRM)

Signature
/s/ Anisha Sharodi, Attorney-in-Fact for Marc Benioff
Stock symbol
CRM
Transactions as of
Apr 9, 2022
Transactions value $
-$262,035
Form type
4
Date filed
4/12/2022, 07:31 PM
Previous filing
Apr 11, 2022
Next filing
Apr 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Award $0 +14.9K +0.05% $0.00 28.9M Apr 9, 2022 Direct F1, F2
transaction CRM Common Stock Options Exercise $186K +2.3K +0.01% $80.99 28.9M Apr 11, 2022 Direct F2, F3
transaction CRM Common Stock Sale -$76.2K -395 0% $192.96 28.9M Apr 11, 2022 Direct F2, F3, F4
transaction CRM Common Stock Sale -$62.8K -324 0% $193.93 28.9M Apr 11, 2022 Direct F2, F3, F5
transaction CRM Common Stock Sale -$170K -869 0% $195.12 28.9M Apr 11, 2022 Direct F2, F3, F6
transaction CRM Common Stock Sale -$130K -665 0% $196.15 28.9M Apr 11, 2022 Direct F2, F3, F7
transaction CRM Common Stock Sale -$9.26K -47 0% $196.96 28.9M Apr 11, 2022 Direct F2, F3

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) Options Exercise $0 -2.3K -0.71% $0.00 322K Apr 11, 2022 Common Stock 2.3K $80.99 Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the number of shares earned based upon the achievement of applicable performance criteria pursuant to a performance-based restricted stock unit award with a performance period that ended on March 22, 2022. Such shares will become vested, if at all, subject to the holder's continued employment through April 15, 2022.
F2 Other than the shares subject to the transactions reported in this Form 4 (which are held in the reporting person's name), shares are held in the Marc R. Benioff Revocable Trust.
F3 The transaction reported in this Form 4 was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person at least 90 days prior to the trading date.
F4 Weighted average price. These shares were sold in multiple transactions at prices ranging from $192.3800 to $193.3700 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.
F5 Weighted average price. These shares were sold in multiple transactions at prices ranging from $193.4600 to $194.3500 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.
F6 Weighted average price. These shares were sold in multiple transactions at prices ranging from $194.6600 to $195.6100 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.
F7 Weighted average price. These shares were sold in multiple transactions at prices ranging from $195.7900 to $196.7500 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.
F8 Option 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.