Marc Benioff - Mar 22, 2023 Form 4 Insider Report for Salesforce, Inc. (CRM)

Signature
/s/ Ariel Gaknoki, Attorney-in-Fact for Marc Benioff
Stock symbol
CRM
Transactions as of
Mar 22, 2023
Transactions value $
-$81,294
Form type
4
Date filed
3/24/2023, 08:38 PM
Previous filing
Mar 22, 2023
Next filing
Mar 27, 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 27.7M Mar 23, 2023 Direct F1, F2
transaction CRM Common Stock Sale -$49.5K -265 0% $186.61 27.7M Mar 23, 2023 Direct F1, F2, F3
transaction CRM Common Stock Sale -$45K -240 0% $187.66 27.7M Mar 23, 2023 Direct F1, F2, F4
transaction CRM Common Stock Sale -$20.7K -110 0% $188.60 27.7M Mar 23, 2023 Direct F1, F2, F5
transaction CRM Common Stock Sale -$20.8K -110 0% $189.51 27.7M Mar 23, 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) Award $0 +97.8K $0.00 97.8K Mar 22, 2023 Common Stock 97.8K $186.51 Direct F7
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -725 -0.65% $0.00 110K Mar 23, 2023 Common Stock 725 $75.57 Direct F1, F8
* 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 $186.1100 to $186.9100 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 $187.1100 to $188.1000 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 $188.1100 to $188.9800 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 $189.1300 to $189.9500 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 March 22, 2024, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
F8 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.