Brian Millham - Mar 22, 2024 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
Mar 22, 2024
Transactions value $
-$512,863
Form type
4
Date filed
3/26/2024, 09:03 PM
Previous filing
Feb 23, 2024
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $0 +1.64K $0.00 1.64K Mar 22, 2024 Direct
transaction CRM Common Stock Options Exercise $0 +1.71K +104.4% $0.00 3.34K Mar 22, 2024 Direct
transaction CRM Common Stock Sale -$251K -821 -24.57% $305.46 2.52K Mar 25, 2024 Direct F1
transaction CRM Common Stock Sale -$262K -858 -34.03% $305.46 1.66K Mar 25, 2024 Direct F1

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 -1.64K -20% $0.00 6.54K Mar 22, 2024 Common Stock 1.64K $0.00 Direct F2, F3
transaction CRM Restricted Stock Units Options Exercise $0 -1.71K -11.11% $0.00 13.7K Mar 22, 2024 Common Stock 1.71K $0.00 Direct F2, F4
transaction CRM Non-qualified Stock Option (Right to Buy) Award $0 +58.4K $0.00 58.4K Mar 22, 2024 Common Stock 58.4K $307.77 Direct F5
transaction CRM Restricted Stock Units Award $0 +19.5K $0.00 19.5K Mar 22, 2024 Common Stock 19.5K $0.00 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 March 22, 2024.
F2 Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F3 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.
F4 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.
F5 Option vests over four years at the rate of 25% on March 22, 2025, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
F6 These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.