Marc Benioff - 28 Jun 2022 Form 4 Insider Report for Salesforce, Inc. (CRM)

Reporting relationship: Chairman and Co-CEO, Director
Issuer ticker: CRM
Reported as of: 28 Jun 2022
Net transaction value: -$52,821,759
SEC form: 4
Accepted by SEC: 29 Jun 2022, 20:05:21 UTC
Prior SEC filing: 28 Jun 2022
Next SEC filing: 30 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 29 Jun 2022.

Key facts

This page summarizes Marc Benioff's Form 4 filing for Salesforce, Inc. (CRM).
17 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 29 Jun 2022, 20:05.

Change

Previous filing in this sequence was filed on 28 Jun 2022.
Current net transaction value: -$52,821,759.

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

Sale

Transaction value: $13,409,645
Shares: -77,924
Change %: -0.27%
Price: $172.09
Shares after: 28,683,444
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F1, F2

CRM transaction

Common Stock

Sale

Transaction value: $5,053,019
Shares: -29,223
Change %: -0.1%
Price: $172.91
Shares after: 28,654,221
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F3

CRM transaction

Common Stock

Sale

Transaction value: $6,193,355
Shares: -35,575
Change %: -0.12%
Price: $174.09
Shares after: 28,618,646
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F4

CRM transaction

Common Stock

Sale

Transaction value: $6,057,802
Shares: -34,638
Change %: -0.12%
Price: $174.89
Shares after: 28,584,008
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F5

CRM transaction

Common Stock

Sale

Transaction value: $2,485,933
Shares: -14,113
Change %: -0.05%
Price: $176.14
Shares after: 28,569,895
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F6

CRM transaction

Common Stock

Sale

Transaction value: $2,255,604
Shares: -12,729
Change %: -0.04%
Price: $177.20
Shares after: 28,557,166
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F7

CRM transaction

Common Stock

Sale

Transaction value: $7,807,334
Shares: -43,865
Change %: -0.15%
Price: $177.99
Shares after: 28,513,301
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F8

CRM transaction

Common Stock

Sale

Transaction value: $2,981,726
Shares: -16,663
Change %: -0.06%
Price: $178.94
Shares after: 28,496,638
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F9

CRM transaction

Common Stock

Sale

Transaction value: $2,677,585
Shares: -14,872
Change %: -0.05%
Price: $180.04
Shares after: 28,481,766
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F10

CRM transaction

Common Stock

Sale

Transaction value: $3,175,930
Shares: -17,548
Change %: -0.06%
Price: $180.99
Shares after: 28,464,218
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F11

CRM transaction

Common Stock

Sale

Transaction value: $517,944
Shares: -2,850
Change %: -0.01%
Price: $181.73
Shares after: 28,461,368
Date: 28 Jun 2022
Ownership: Direct
Footnotes: F2, F12

CRM transaction

Common Stock

Gift

Transaction value: $0
Shares: -400,000
Change %: -1.4%
Price: $0.000000
Shares after: 28,061,368
Date: 29 Jun 2022
Ownership: Direct
Footnotes: F2, F13

CRM transaction

Common Stock

Options Exercise

Transaction value: $186,277
Shares: +2,300
Change %: +0.01%
Price: $80.99
Shares after: 28,063,668
Date: 29 Jun 2022
Ownership: Direct
Footnotes: F14, F15

CRM transaction

Common Stock

Sale

Transaction value: $109,566
Shares: -645
Change %: -0%
Price: $169.87
Shares after: 28,063,023
Date: 29 Jun 2022
Ownership: Direct
Footnotes: F14, F15, F16

CRM transaction

Common Stock

Sale

Transaction value: $228,891
Shares: -1,342
Change %: -0%
Price: $170.56
Shares after: 28,061,681
Date: 29 Jun 2022
Ownership: Direct
Footnotes: F14, F15, F17

CRM transaction

Common Stock

Sale

Transaction value: $53,703
Shares: -313
Change %: -0%
Price: $171.58
Shares after: 28,061,368
Date: 29 Jun 2022
Ownership: Direct
Footnotes: F14, F15, F18

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 %: -1.1%
Price: $0.000000
Shares after: 198,216
Date: 29 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,300
Exercise price: $80.99
Footnotes: F14, F19

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 19 footnotes

Footnote F1

Weighted average price. These shares were sold in multiple transactions at prices ranging from $171.5000 to $172.4934 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 F2

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 $172.5000 to $173.4724 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 $173.5300 to $174.5200 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 $174.5300 to $175.5200 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 $175.5300 to $176.5200 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 $176.5300 to $177.5200 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 $177.5300 to $178.5200 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 $178.5300 to $179.5200 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

Weighted average price. These shares were sold in multiple transactions at prices ranging from $179.5300 to $180.5190 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 F11

Weighted average price. These shares were sold in multiple transactions at prices ranging from $180.5500 to $181.5370 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 F12

Weighted average price. These shares were sold in multiple transactions at prices ranging from $181.5700 to $182.0100 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 F13

Gifts to charitable organizations.

Footnote F14

This transaction 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 F15

Other than the shares subject to the derivative security transaction 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 F16

Weighted average price. These shares were sold in multiple transactions at prices ranging from $169.2300 to $170.1900 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 F17

Weighted average price. These shares were sold in multiple transactions at prices ranging from $170.2300 to $171.1400 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 F18

Weighted average price. These shares were sold in multiple transactions at prices ranging from $171.3600 to $171.9400 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 F19

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.