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

Role
President and CFO
Signature
/s/ Sarah Dale, Attorney-in-Fact for Amy Weaver
Stock symbol
CRM
Transactions as of
Dec 22, 2023
Transactions value $
-$546,485
Form type
4
Date filed
12/26/2023, 09:27 PM
Previous filing
Dec 18, 2023
Next filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $0 +871 +2.35% $0.00 37.9K Dec 22, 2023 Direct
transaction CRM Common Stock Options Exercise $0 +1K +2.64% $0.00 38.9K Dec 22, 2023 Direct
transaction CRM Common Stock Options Exercise $405K +2.63K +6.75% $154.14 41.5K Dec 22, 2023 Direct F1
transaction CRM Common Stock Sale -$701K -2.63K -6.32% $267.00 38.9K Dec 22, 2023 Direct F1
transaction CRM Common Stock Sale -$116K -438 -1.13% $265.39 38.5K Dec 26, 2023 Direct F2
transaction CRM Common Stock Sale -$134K -504 -1.31% $265.39 38K 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 -871 -16.66% $0.00 4.36K Dec 22, 2023 Common Stock 871 $0.00 Direct F3, F4
transaction CRM Restricted Stock Units Options Exercise $0 -1K -10% $0.00 9.02K Dec 22, 2023 Common Stock 1K $0.00 Direct F3, F5
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2.63K -20% $0.00 10.5K Dec 22, 2023 Common Stock 2.63K $154.14 Direct 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 June 28, 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 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.