Marc Benioff - 06 Jun 2022 Form 4 Insider Report for Salesforce, Inc. (CRM)

Reporting relationship: Chairman and Co-CEO, Director
Issuer ticker: CRM
Reported as of: 06 Jun 2022
Net transaction value: -$239,131
SEC form: 4
Accepted by SEC: 07 Jun 2022, 16:29:46 UTC
Prior SEC filing: 06 Jun 2022
Next SEC filing: 08 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Anisha Sharodi, Attorney-in-Fact for Marc Benioff

Key filing fact

Marc Benioff filed Form 4 for Salesforce, Inc. (CRM) on 07 Jun 2022.

Key facts

This page summarizes Marc Benioff's Form 4 filing for Salesforce, Inc. (CRM).
9 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 Jun 2022, 16:29.

Change

Previous filing in this sequence was filed on 06 Jun 2022.
Current net transaction value: -$239,131.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRM transaction

Common Stock

Options Exercise

Transaction value: $186,277
Shares: +2,300
Change %: +0.01%
Price: $80.99
Shares after: 28,928,300
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2

CRM transaction

Common Stock

Sale

Transaction value: $116,213
Shares: -637
Change %: -0%
Price: $182.44
Shares after: 28,927,663
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F3

CRM transaction

Common Stock

Sale

Transaction value: $101,005
Shares: -551
Change %: -0%
Price: $183.31
Shares after: 28,927,112
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F4

CRM transaction

Common Stock

Sale

Transaction value: $32,975
Shares: -179
Change %: -0%
Price: $184.22
Shares after: 28,926,933
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F5

CRM transaction

Common Stock

Sale

Transaction value: $31,860
Shares: -172
Change %: -0%
Price: $185.23
Shares after: 28,926,761
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F6

CRM transaction

Common Stock

Sale

Transaction value: $31,802
Shares: -170
Change %: -0%
Price: $187.07
Shares after: 28,926,591
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F7

CRM transaction

Common Stock

Sale

Transaction value: $42,169
Shares: -224
Change %: -0%
Price: $188.25
Shares after: 28,926,367
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F8

CRM transaction

Common Stock

Sale

Transaction value: $69,385
Shares: -367
Change %: -0%
Price: $189.06
Shares after: 28,926,000
Date: 06 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F9

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CRM transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -2,300
Change %: -0.97%
Price: $0.000000
Shares after: 235,016
Date: 06 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,300
Exercise price: $80.99
Footnotes: F1, F10

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Weighted average price. These shares were sold in multiple transactions at prices ranging from $181.8841 to $182.8800 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.

Footnote F4

Weighted average price. These shares were sold in multiple transactions at prices ranging from $182.9100 to $183.8400 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.

Footnote F5

Weighted average price. These shares were sold in multiple transactions at prices ranging from $183.9400 to $184.5600 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.

Footnote F6

Weighted average price. These shares were sold in multiple transactions at prices ranging from $185.0567 to $185.3046 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.

Footnote F7

Weighted average price. These shares were sold in multiple transactions at prices ranging from $186.3695 to $187.3394 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.

Footnote F8

Weighted average price. These shares were sold in multiple transactions at prices ranging from $187.6900 to $188.5887 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.

Footnote F9

Weighted average price. These shares were sold in multiple transactions at prices ranging from $188.7413 to $189.5379 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.

Footnote 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.