Marc Benioff - May 10, 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 10, 2022
Transactions value $: -$197,634
Form type: 4
Date filed: 5/11/2022, 07:07 PM
Previous filing: May 10, 2022
Next filing: May 12, 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 10, 2022	Direct	F1, F2
transaction	CRM	Common Stock	Sale	-$30K	-183	0%	$163.93	28.9M	May 10, 2022	Direct	F1, F2, F3
transaction	CRM	Common Stock	Sale	-$69.8K	-423	0%	$165.01	28.9M	May 10, 2022	Direct	F1, F2, F4
transaction	CRM	Common Stock	Sale	-$55.2K	-333	0%	$165.87	28.9M	May 10, 2022	Direct	F1, F2, F5
transaction	CRM	Common Stock	Sale	-$100K	-601	0%	$167.17	28.9M	May 10, 2022	Direct	F1, F2, F6
transaction	CRM	Common Stock	Sale	-$63K	-375	0%	$168.04	28.9M	May 10, 2022	Direct	F1, F2, F7
transaction	CRM	Common Stock	Sale	-$41.9K	-247	0%	$169.60	28.9M	May 10, 2022	Direct	F1, F2, F8
transaction	CRM	Common Stock	Sale	-$23.5K	-138	0%	$170.30	28.9M	May 10, 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	-0.83%	$0.00	276K	May 10, 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 $163.4639 to $164.2765 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 $164.5514 to $165.5400 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 $165.5500 to $166.4600 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 $166.7800 to $167.7500 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.
F7	Weighted average price. These shares were sold in multiple transactions at prices ranging from $167.8114 to $168.7195 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 $169.0221 to $169.9778 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 $170.0300 to $170.5841 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.