Brian Millham - Dec 22, 2023 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
President and COO
Signature
/s/ Sarah Dale, Attorney-in-Fact for Brian Millham
Stock symbol
CRM
Transactions as of
Dec 22, 2023
Transactions value $
-$849,728
Form type
4
Date filed
12/26/2023, 09:20 PM
Previous filing
Dec 4, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $0 +1.63K $0.00 1.63K Dec 22, 2023 Direct
transaction CRM Common Stock Options Exercise $0 +1.71K +104.41% $0.00 3.34K Dec 22, 2023 Direct
transaction CRM Common Stock Options Exercise $434K +2.02K +60.39% $215.17 5.36K Dec 22, 2023 Direct F1
transaction CRM Common Stock Options Exercise $460K +2.11K +39.33% $218.21 7.46K Dec 22, 2023 Direct F1
transaction CRM Common Stock Options Exercise $269K +1.75K +23.39% $154.14 9.21K Dec 22, 2023 Direct F1
transaction CRM Common Stock Sale -$1.57M -5.87K -63.74% $267.00 3.34K Dec 22, 2023 Direct F1
transaction CRM Common Stock Sale -$218K -821 -24.58% $265.39 2.52K Dec 26, 2023 Direct F2
transaction CRM Common Stock Sale -$227K -857 -34.02% $265.39 1.66K Dec 26, 2023 Direct F2

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 Restricted Stock Units Options Exercise $0 -1.63K -16.66% $0.00 8.17K Dec 22, 2023 Common Stock 1.63K $0.00 Direct F3, F4
transaction CRM Restricted Stock Units Options Exercise $0 -1.71K -10% $0.00 15.4K Dec 22, 2023 Common Stock 1.71K $0.00 Direct F3, F5
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2.02K -6.25% $0.00 30.3K Dec 22, 2023 Common Stock 2.02K $215.17 Direct F6
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2.11K -3.57% $0.00 56.9K Dec 22, 2023 Common Stock 2.11K $218.21 Direct F7
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -1.75K -20% $0.00 6.98K Dec 22, 2023 Common Stock 1.75K $154.14 Direct F8
* 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 20, 2023.
F2 Represents a sale of shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement of shares that were earned by the holder pursuant to a restricted stock unit award that vested based on the holder's continued employment through December 22, 2023.
F3 Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F4 These restricted stock units vest as to 25% of the original grant on March 22, 2022, and vest as to 1/16 of the original grant quarterly thereafter.
F5 These restricted stock units vest as to 25% of the original grant on March 22, 2023 and vest as to 1/16 of the original grant quarterly thereafter.
F6 Option is exercisable and vests over four years at the rate of 25% on March 22, 2022, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
F7 Option is exercisable and vests over four years at the rate of 25% on March 22, 2023, 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 is exercisable and 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.