Parker Harris - 17 Nov 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
Issuer symbol
CRM
Transactions as of
17 Nov 2022
Net transactions value
-$3,242,003
Form type
4
Filing time
18 Nov 2022, 16:10:51 UTC
Previous filing
17 Nov 2022
Next filing
21 Nov 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 $3,814,305 +47,096 +49% $80.99 142,251 17 Nov 2022 Direct F1
transaction CRM Common Stock Sale $1,958,438 -13,148 -9.2% $148.95 129,103 17 Nov 2022 Direct F1, F2
transaction CRM Common Stock Sale $3,409,713 -22,763 -18% $149.79 106,340 17 Nov 2022 Direct F1, F3
transaction CRM Common Stock Sale $1,582,068 -10,485 -9.9% $150.89 95,855 17 Nov 2022 Direct F1, F4
transaction CRM Common Stock Sale $106,089 -700 -0.73% $151.56 95,155 17 Nov 2022 Direct F1, F5
holding CRM Common Stock 277,999 17 Nov 2022 By GP Family Trust F6
holding CRM Common Stock 977,046 17 Nov 2022 By HJ Family Trust F7
holding CRM Common Stock 277,972 17 Nov 2022 By Holly Familytrust F8
holding CRM Common Stock 173,760 17 Nov 2022 GPH Exempt GST F9
holding CRM Common Stock 173,760 17 Nov 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 -47,096 -33% $0.000000 94,191 17 Nov 2022 Common Stock 47,096 $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 $148.4100 to $149.4000 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 $149.4100 to $150.4010 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 $150.4263 to $151.3874 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 $151.4798 to $151.6583 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.