Marc Benioff - Aug 1, 2023 Form 4 Insider Report for Salesforce, Inc. (CRM)

Signature
/s/ Katherine Huynh, Attorney-in-Fact for Marc Benioff
Stock symbol
CRM
Transactions as of
Aug 1, 2023
Transactions value $
-$3,357,669
Form type
4
Date filed
8/2/2023, 04:27 PM
Previous filing
Aug 1, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Sale -$474K -2.13K -0.01% $222.36 16.3M Aug 1, 2023 Direct F1, F2, F3
transaction CRM Common Stock Sale -$657K -2.94K -0.02% $223.52 16.3M Aug 1, 2023 Direct F1, F3, F4
transaction CRM Common Stock Sale -$2.23M -9.93K -0.06% $224.26 16.3M Aug 1, 2023 Direct F1, F3, F5
holding CRM Common Stock 10M Aug 1, 2023 By Marc Benioff Fund LLC F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 30, 2023.
F2 Weighted average price. These shares were sold in multiple transactions at prices ranging from $221.8000 to $222.7929 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 Shares held in the reporting person's name or in the Marc R. Benioff Revocable Trust.
F4 Weighted average price. These shares were sold in multiple transactions at prices ranging from $222.8500 to $223.8161 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 $223.8828 to $224.7327 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 Marc Benioff Fund LLC.