Amy E. Weaver - 16 Jun 2023 Form 4 Insider Report for Salesforce, Inc. (CRM)

Reporting relationship: President and CFO
Issuer ticker: CRM
Reported as of: 16 Jun 2023
Net transaction value: -$1,962,352
SEC form: 4
Accepted by SEC: 20 Jun 2023, 17:00:43 UTC
Prior SEC filing: 24 Apr 2023
Next SEC filing: 23 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Sarah Dale, Attorney-in-Fact for Amy Weaver

Key filing fact

Amy E. Weaver filed Form 4 for Salesforce, Inc. (CRM) on 20 Jun 2023.

Key facts

This page summarizes Amy E. Weaver's Form 4 filing for Salesforce, Inc. (CRM).
12 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 20 Jun 2023, 17:00.

Change

Previous filing in this sequence was filed on 24 Apr 2023.
Current net transaction value: -$1,962,352.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRM transaction

Common Stock

Options Exercise

Transaction value: $649,928
Shares: +5,506
Change %: +15%
Price: $118.04
Shares after: 42,186
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1

CRM transaction

Common Stock

Options Exercise

Transaction value: $772,293
Shares: +4,782
Change %: +11%
Price: $161.50
Shares after: 46,968
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1

CRM transaction

Common Stock

Options Exercise

Transaction value: $1,771,531
Shares: +11,493
Change %: +24%
Price: $154.14
Shares after: 58,461
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1

CRM transaction

Common Stock

Sale

Transaction value: $1,358,538
Shares: -6,431
Change %: -11%
Price: $211.25
Shares after: 52,030
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1, F2

CRM transaction

Common Stock

Sale

Transaction value: $1,450,238
Shares: -6,837
Change %: -13%
Price: $212.12
Shares after: 45,193
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1, F3

CRM transaction

Common Stock

Sale

Transaction value: $1,817,172
Shares: -8,513
Change %: -19%
Price: $213.46
Shares after: 36,680
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1, F4

CRM transaction

Common Stock

Sale

Transaction value: $210,417
Shares: -996
Change %: -2.7%
Price: $211.26
Shares after: 35,684
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1, F5

CRM transaction

Common Stock

Sale

Transaction value: $212,136
Shares: -1,000
Change %: -2.8%
Price: $212.14
Shares after: 34,684
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1, F6

CRM transaction

Common Stock

Sale

Transaction value: $107,604
Shares: -504
Change %: -1.5%
Price: $213.50
Shares after: 34,180
Date: 16 Jun 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CRM transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,506
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,506
Exercise price: $118.04
Footnotes: F1, F7

CRM transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -4,782
Change %: -12%
Price: $0.000000
Shares after: 33,475
Date: 16 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,782
Exercise price: $161.50
Footnotes: F1, F8

CRM transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -11,493
Change %: -10%
Price: $0.000000
Shares after: 101,471
Date: 16 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,493
Exercise price: $154.14
Footnotes: F1, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 9 footnotes

Footnote F1

As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2023.

Footnote F2

Weighted average price. These shares were sold in multiple transactions at prices ranging from $210.6500 to $211.6450 inclusive. The reporting person undertakes to provide to 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.

Footnote F3

Weighted average price. These shares were sold in multiple transactions at prices ranging from $211.6600 to $212.6500 inclusive. The reporting person undertakes to provide to 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.

Footnote F4

Weighted average price. These shares were sold in multiple transactions at prices ranging from $212.6600 to $213.5000 inclusive. The reporting person undertakes to provide to 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.

Footnote F5

Weighted average price. These shares were sold in multiple transactions at prices ranging from $210.6500 to $211.6400 inclusive. The reporting person undertakes to provide to 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.

Footnote F6

Weighted average price. These shares were sold in multiple transactions at prices ranging from $211.7000 to $212.6300 inclusive. The reporting person undertakes to provide to 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.

Footnote F7

Option vests over four years at the rate of 25% on March 22, 2019, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.

Footnote F8

Option vests over four years at the rate of 25% on March 22, 2020, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.

Footnote F9

Option vests over four years at the rate of 25% on April 22, 2021, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.