Marc Benioff - 14 Jun 2022 Form 4 Insider Report for Salesforce, Inc. (CRM)

Reporting relationship: Chairman and Co-CEO, Director
Issuer ticker: CRM
Reported as of: 14 Jun 2022
Net transaction value: -$191,554
SEC form: 4
Accepted by SEC: 15 Jun 2022, 17:29:29 UTC
Prior SEC filing: 14 Jun 2022
Next SEC filing: 16 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 15 Jun 2022.

Key facts

This page summarizes Marc Benioff's Form 4 filing for Salesforce, Inc. (CRM).
8 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 Jun 2022, 17:29.

Change

Previous filing in this sequence was filed on 14 Jun 2022.
Current net transaction value: -$191,554.

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: 28,763,668
Date: 14 Jun 2022
Ownership: Direct
Footnotes: F1, F2

CRM transaction

Common Stock

Sale

Transaction value: $60,923
Shares: -374
Change %: -0%
Price: $162.90
Shares after: 28,763,294
Date: 14 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F3

CRM transaction

Common Stock

Sale

Transaction value: $163,687
Shares: -999
Change %: -0%
Price: $163.85
Shares after: 28,762,295
Date: 14 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F4

CRM transaction

Common Stock

Sale

Transaction value: $111,599
Shares: -678
Change %: -0%
Price: $164.60
Shares after: 28,761,617
Date: 14 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F5

CRM transaction

Common Stock

Sale

Transaction value: $16,723
Shares: -101
Change %: -0%
Price: $165.57
Shares after: 28,761,516
Date: 14 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F6

CRM transaction

Common Stock

Sale

Transaction value: $7,534
Shares: -45
Change %: -0%
Price: $167.42
Shares after: 28,761,471
Date: 14 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F7

CRM transaction

Common Stock

Sale

Transaction value: $17,365
Shares: -103
Change %: -0%
Price: $168.60
Shares after: 28,761,368
Date: 14 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F8

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 %: -1%
Price: $0.000000
Shares after: 221,216
Date: 14 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,300
Exercise price: $80.99
Footnotes: F1, F9

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 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 $162.2906 to $163.2712 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 $163.3231 to $164.2900 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 $164.3289 to $165.2634 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 $165.3965 to $165.8725 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 $167.1156 to $167.6178 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 $168.5400 to $168.7300 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

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.