Parker Harris - Jul 12, 2023 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role: Co-Founder and CTO, Director
Signature: /s/ Sarah Dale, Attorney-in-Fact for Parker Harris
Stock symbol: CRM
Transactions as of: Jul 12, 2023
Transactions value $: -$9,315,073
Form type: 4
Date filed: 7/13/2023, 04:47 PM
Previous filing: Jul 12, 2023
Next filing: Jul 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRM	Common Stock	Options Exercise	$2.3M	+30.5K	+30.08%	$75.57	132K	Jul 12, 2023	Direct	F1
transaction	CRM	Common Stock	Sale	-$6.85M	-30.5K	-23.12%	$225.01	101K	Jul 12, 2023	Direct	F1, F2
transaction	CRM	Common Stock	Sale	-$3.08M	-13.7K	-4.95%	$225.00	263K	Jul 12, 2023	By GP Family Trust	F1, F3, F4
transaction	CRM	Common Stock	Sale	-$1.68M	-7.48K	-2.71%	$225.01	268K	Jul 12, 2023	By Holly Familytrust	F1, F5, F6
holding	CRM	Common Stock						967K	Jul 12, 2023	By HJ Family Trust	F7
holding	CRM	Common Stock						174K	Jul 12, 2023	GPH Exempt GST	F8
holding	CRM	Common Stock						174K	Jul 12, 2023	HJ Exempt GST	F9

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	-30.5K	-16.91%	$0.00	150K	Jul 12, 2023	Common Stock	30.5K	$75.57	Direct	F1, F10

* 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 $225.0045 to $225.0064 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 $225.0033 to $225.0067 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	Shares held in The G. Parker Harris III Family Trust under the G. Parker Harris, III Grantor Retained Annuity Trust, dated December 19, 2003.
F5	Weighted average price. These shares were sold in multiple transactions at prices ranging from $225.0025 to $225.0375 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 Holly L. Johnson Family Trust under the Holly L. Johnson 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 G. Parker Harris III Exempt GST Family Trust.
F9	Shares held in The Holly L. Johnson Exempt GST Family Trust.
F10	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.