Sundeep G. Reddy - 22 Apr 2024 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
EVP & Chief Accounting Officer
Signature
/s/ Sarah Dale, Attorney-in-Fact for Sundeep G. Reddy
Issuer symbol
CRM
Transactions as of
22 Apr 2024
Net transactions value
-$662,394
Form type
4
Filing time
23 Apr 2024, 21:42:13 UTC
Previous filing
26 Mar 2024
Next filing
24 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $0 +423 +7.2% $0.000000 6,334 22 Apr 2024 Direct
transaction CRM Common Stock Options Exercise $0 +1,947 +31% $0.000000 8,281 22 Apr 2024 Direct
transaction CRM Common Stock Sale $52,718 -193 -2.3% $273.15 8,088 23 Apr 2024 Direct F1
transaction CRM Common Stock Sale $241,740 -885 -11% $273.15 7,203 23 Apr 2024 Direct F1
transaction CRM Common Stock Sale $191,207 -700 -9.7% $273.15 6,503 23 Apr 2024 Direct F2
transaction CRM Common Stock Sale $176,729 -647 -9.9% $273.15 5,856 23 Apr 2024 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 -423 -14% $0.000000 2,537 22 Apr 2024 Common Stock 423 $0.000000 Direct F3, F4
transaction CRM Restricted Stock Units Options Exercise $0 -1,947 -25% $0.000000 5,844 22 Apr 2024 Common Stock 1,947 $0.000000 Direct F3, F5
* 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 April 22, 2024.
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 performance-based restricted stock unit award that vested based on the holder's continued employment through April 22, 2024.
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 October 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 April 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.