Marc Benioff - May 12, 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 12, 2022
Transactions value $: -$183,101
Form type: 4
Date filed: 5/12/2022, 08:39 PM
Previous filing: May 12, 2022
Next filing: May 16, 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 12, 2022	Direct	F1, F2
transaction	CRM	Common Stock	Sale	-$10.2K	-65	0%	$156.17	28.9M	May 12, 2022	Direct	F1, F2, F3
transaction	CRM	Common Stock	Sale	-$56.9K	-361	0%	$157.58	28.9M	May 12, 2022	Direct	F1, F2, F4
transaction	CRM	Common Stock	Sale	-$61.2K	-386	0%	$158.59	28.9M	May 12, 2022	Direct	F1, F2, F5
transaction	CRM	Common Stock	Sale	-$66.4K	-416	0%	$159.66	28.9M	May 12, 2022	Direct	F1, F2, F6
transaction	CRM	Common Stock	Sale	-$19.1K	-119	0%	$160.59	28.9M	May 12, 2022	Direct	F1, F2, F7
transaction	CRM	Common Stock	Sale	-$30.7K	-190	0%	$161.63	28.9M	May 12, 2022	Direct	F1, F2, F8
transaction	CRM	Common Stock	Sale	-$67.8K	-417	0%	$162.69	28.9M	May 12, 2022	Direct	F1, F2, F9
transaction	CRM	Common Stock	Sale	-$23.1K	-141	0%	$163.74	28.9M	May 12, 2022	Direct	F1, F2, F10
transaction	CRM	Common Stock	Sale	-$30.5K	-184	0%	$165.58	28.9M	May 12, 2022	Direct	F1, F2, F11
transaction	CRM	Common Stock	Sale	-$3.49K	-21	0%	$166.25	28.9M	May 12, 2022	Direct	F1, F2

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	-0.84%	$0.00	272K	May 12, 2022	Common Stock	2.3K	$80.99	Direct	F1, F12

* 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 $155.7956 to $156.4834 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 $157.0000 to $157.9918 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 $158.1000 to $159.0294 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 $159.2400 to $160.2300 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 $160.2400 to $160.9669 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 $161.2500 to $162.2069 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 $162.3300 to $163.1200 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	Weighted average price. These shares were sold in multiple transactions at prices ranging from $163.4264 to $164.3534 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.
F11	Weighted average price. These shares were sold in multiple transactions at prices ranging from $165.2270 to $166.0870 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.
F12	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.