Marc Benioff - Mar 3, 2023 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role: Chair and CEO, Director
Signature: /s/ Ariel Gaknoki, Attorney-in-Fact for Marc Benioff
Stock symbol: CRM
Transactions as of: Mar 3, 2023
Transactions value $: -$80,631
Form type: 4
Date filed: 3/6/2023, 03:55 PM
Previous filing: Mar 3, 2023
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRM	Common Stock	Options Exercise	$54.8K	+725	+0%	$75.57	27.8M	Mar 3, 2023	Direct	F1, F2
transaction	CRM	Common Stock	Sale	-$20.4K	-110	0%	$185.10	27.8M	Mar 3, 2023	Direct	F1, F2, F3
transaction	CRM	Common Stock	Sale	-$59.9K	-321	0%	$186.49	27.8M	Mar 3, 2023	Direct	F1, F2, F4
transaction	CRM	Common Stock	Sale	-$28.8K	-154	0%	$187.20	27.8M	Mar 3, 2023	Direct	F1, F2, F5
transaction	CRM	Common Stock	Sale	-$26.4K	-140	0%	$188.34	27.8M	Mar 3, 2023	Direct	F1, F2, F6

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	-725	-0.6%	$0.00	121K	Mar 3, 2023	Common Stock	725	$75.57	Direct	F1, F7

* 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 $184.6700 to $185.6600 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 $185.9300 to $186.9000 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 $186.9500 to $187.3800 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 $187.9800 to $188.7800 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	Option vests over four years at the rate of 25% on November 22, 2017, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.