Marc Benioff - 20 Jul 2022 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role: Chairman and Co-CEO, Director
Signature: /s/ Ariel Gaknoki, Attorney-in-Fact for Marc Benioff
Issuer symbol: CRM
Transactions as of: 20 Jul 2022
Net transactions value: -$231,087
Form type: 4
Filing time: 21 Jul 2022, 18:01:53 UTC
Previous filing: 20 Jul 2022
Next filing: 22 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRM	Common Stock	Options Exercise	$186,277	+2,300	+0.01%	$80.99	27,763,668	20 Jul 2022	Direct	F1, F2
transaction	CRM	Common Stock	Sale	$10,220	-58	-0%	$176.20	27,763,610	20 Jul 2022	Direct	F1, F2, F3
transaction	CRM	Common Stock	Sale	$14,909	-84	-0%	$177.48	27,763,526	20 Jul 2022	Direct	F1, F2, F4
transaction	CRM	Common Stock	Sale	$60,057	-336	-0%	$178.74	27,763,190	20 Jul 2022	Direct	F1, F2, F5
transaction	CRM	Common Stock	Sale	$30,718	-170	-0%	$180.69	27,763,020	20 Jul 2022	Direct	F1, F2, F6
transaction	CRM	Common Stock	Sale	$76,149	-419	-0%	$181.74	27,762,601	20 Jul 2022	Direct	F1, F2, F7
transaction	CRM	Common Stock	Sale	$212,293	-1,162	-0%	$182.70	27,761,439	20 Jul 2022	Direct	F1, F2, F8
transaction	CRM	Common Stock	Sale	$13,019	-71	-0%	$183.37	27,761,368	20 Jul 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	-2,300	-1.4%	$0.000000	166,016	20 Jul 2022	Common Stock	2,300	$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	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.
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 $175.9500 to $176.4100 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 $177.2357 to $177.7549 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 $178.4010 to $179.3489 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 $180.0809 to $181.0268 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 $181.2345 to $182.2217 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 $182.2300 to $183.2200 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 $183.2300 to $183.4900 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.