Brian Millham - 22 Mar 2024 Form 4 Insider Report for Salesforce, Inc. (CRM)

Signature
/s/ Sarah Dale, Attorney-in-Fact for Brian Millham
Issuer symbol
CRM
Transactions as of
22 Mar 2024
Net transactions value
-$512,863
Form type
4
Filing time
26 Mar 2024, 21:03:14 UTC
Previous filing
23 Feb 2024
Next filing
27 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $0 +1,635 $0.000000 1,635 22 Mar 2024 Direct
transaction CRM Common Stock Options Exercise $0 +1,707 +104% $0.000000 3,342 22 Mar 2024 Direct
transaction CRM Common Stock Sale $250,781 -821 -25% $305.46 2,521 25 Mar 2024 Direct F1
transaction CRM Common Stock Sale $262,083 -858 -34% $305.46 1,663 25 Mar 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 -1,635 -20% $0.000000 6,538 22 Mar 2024 Common Stock 1,635 $0.000000 Direct F2, F3
transaction CRM Restricted Stock Units Options Exercise $0 -1,707 -11% $0.000000 13,652 22 Mar 2024 Common Stock 1,707 $0.000000 Direct F2, F4
transaction CRM Non-qualified Stock Option (Right to Buy) Award $0 +58,441 $0.000000 58,441 22 Mar 2024 Common Stock 58,441 $307.77 Direct F5
transaction CRM Restricted Stock Units Award $0 +19,496 $0.000000 19,496 22 Mar 2024 Common Stock 19,496 $0.000000 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.