Parker Harris - Nov 15, 2022 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
Co-Founder and CTO, Director
Signature
/s/ Ariel Gaknoki, Attorney-in-Fact for Parker Harris
Stock symbol
CRM
Transactions as of
Nov 15, 2022
Transactions value $
-$3,869,770
Form type
4
Date filed
11/16/2022, 04:39 PM
Previous filing
Oct 25, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $3.81M +47.1K +49.49% $80.99 142K Nov 15, 2022 Direct F1
transaction CRM Common Stock Sale -$1.09M -6.75K -4.75% $161.84 136K Nov 15, 2022 Direct F1, F2
transaction CRM Common Stock Sale -$2.29M -14.1K -10.4% $162.50 121K Nov 15, 2022 Direct F1, F3
transaction CRM Common Stock Sale -$3.15M -19.3K -15.87% $163.65 102K Nov 15, 2022 Direct F1, F4
transaction CRM Common Stock Sale -$1.15M -6.99K -6.84% $164.40 95.2K Nov 15, 2022 Direct F1, F5
holding CRM Common Stock 278K Nov 15, 2022 By GP Family Trust F6
holding CRM Common Stock 977K Nov 15, 2022 By HJ Family Trust F7
holding CRM Common Stock 278K Nov 15, 2022 By Holly Familytrust F8
holding CRM Common Stock 174K Nov 15, 2022 GPH Exempt GST F9
holding CRM Common Stock 174K Nov 15, 2022 HJ Exempt GST F10

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 -47.1K -20% $0.00 188K Nov 15, 2022 Common Stock 47.1K $80.99 Direct F1, F11
* 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 Weighted average price. These shares were sold in multiple transactions at prices ranging from $161.0579 to $162.0418 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.
F3 Weighted average price. These shares were sold in multiple transactions at prices ranging from $162.0579 to $163.0500 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 $163.0915 to $164.0769 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 $164.0932 to $165.0000 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 Shares held in The G. Parker Harris III Family Trust under the G. Parker Harris, III Grantor Retained Annuity Trust, dated December 19, 2003.
F7 Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
F8 Shares held in The Holly L. Johnson Family Trust under the Holly L. Johnson Grantor Retained Annuity Trust, dated December 19, 2003.
F9 Shares held in The G. Parker Harris III Exempt GST Family Trust.
F10 Shares held in The Holly L. Johnson Exempt GST Family Trust.
F11 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.