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

Role: Chairman and Co-CEO, Director
Signature: /s/ Anisha Sharodi, Attorney-in-Fact for Marc Benioff
Stock symbol: CRM
Transactions as of: May 9, 2022
Transactions value $: -$194,067
Form type: 4
Date filed: 5/10/2022, 05:01 PM
Previous filing: May 9, 2022
Next filing: May 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRM	Common Stock	Options Exercise	$186K	+2.3K	+0.01%	$80.99	28.9M	May 9, 2022	Direct	F1, F2
transaction	CRM	Common Stock	Sale	-$53.7K	-330	0%	$162.86	28.9M	May 9, 2022	Direct	F1, F2, F3
transaction	CRM	Common Stock	Sale	-$100K	-613	0%	$163.82	28.9M	May 9, 2022	Direct	F1, F2, F4
transaction	CRM	Common Stock	Sale	-$73.6K	-446	0%	$164.93	28.9M	May 9, 2022	Direct	F1, F2, F5
transaction	CRM	Common Stock	Sale	-$59.6K	-359	0%	$166.09	28.9M	May 9, 2022	Direct	F1, F2, F6
transaction	CRM	Common Stock	Sale	-$18.6K	-111	0%	$167.25	28.9M	May 9, 2022	Direct	F1, F2, F7
transaction	CRM	Common Stock	Sale	-$49.5K	-294	0%	$168.45	28.9M	May 9, 2022	Direct	F1, F2, F8
transaction	CRM	Common Stock	Sale	-$24.9K	-147	0%	$169.40	28.9M	May 9, 2022	Direct	F1, F2, F9

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	-0.82%	$0.00	279K	May 9, 2022	Common Stock	2.3K	$80.99	Direct	F1, F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
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	Weighted average price. These shares were sold in multiple transactions at prices ranging from $162.4100 to $163.2400 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.
F4	Weighted average price. These shares were sold in multiple transactions at prices ranging from $163.4200 to $164.3600 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 $164.4600 to $165.3800 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 $165.6700 to $166.6600 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 $166.6700 to $167.3800 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	Weighted average price. These shares were sold in multiple transactions at prices ranging from $168.1300 to $168.6200 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.
F9	Weighted average price. These shares were sold in multiple transactions at prices ranging from $169.2800 to $169.5700 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.
F10	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.