Parker Harris - Jun 11, 2024 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
Co-Founder and CTO, Slack, Director
Signature
/s/ Sarah Dale, Attorney-in-Fact for Parker Harris
Stock symbol
CRM
Transactions as of
Jun 11, 2024
Transactions value $
-$342,614
Form type
4
Date filed
6/12/2024, 05:14 PM
Previous filing
Jun 5, 2024
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Options Exercise $331K +2.8K +2.42% $118.04 119K Jun 11, 2024 Direct F1
transaction CRM Common Stock Sale -$42K -177 -0.15% $237.36 118K Jun 11, 2024 Direct F1, F2
transaction CRM Common Stock Sale -$42K -176 -0.15% $238.40 118K Jun 11, 2024 Direct F1, F3
transaction CRM Common Stock Sale -$98.4K -411 -0.35% $239.31 118K Jun 11, 2024 Direct F1, F4
transaction CRM Common Stock Sale -$239K -994 -0.84% $240.49 117K Jun 11, 2024 Direct F1, F5
transaction CRM Common Stock Sale -$218K -903 -0.77% $241.39 116K Jun 11, 2024 Direct F1, F6
transaction CRM Common Stock Sale -$24.5K -101 -0.09% $242.90 116K Jun 11, 2024 Direct F1, F7
transaction CRM Common Stock Sale -$9.25K -38 -0.03% $243.39 116K Jun 11, 2024 Direct F1, F8
holding CRM Common Stock 947K Jun 11, 2024 By HJ Family Trust F9
holding CRM Common Stock 116K Jun 11, 2024 By LLC BE F10
holding CRM Common Stock 171K Jun 11, 2024 By LLC BN F10
holding CRM Common Stock 116K Jun 11, 2024 By LLC NE F10
holding CRM Common Stock 171K Jun 11, 2024 By LLC NN F10
holding CRM Common Stock 116K Jun 11, 2024 By LLC ZE F10
holding CRM Common Stock 171K Jun 11, 2024 By LLC ZN F10

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 Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2.8K -2.99% $0.00 90.8K Jun 11, 2024 Common Stock 2.8K $118.04 Direct F1, F11
* 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 September 26, 2023.
F2 Weighted average price. These shares were sold in multiple transactions at prices ranging from $236.7256 to $237.6481 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 Weighted average price. These shares were sold in multiple transactions at prices ranging from $237.8765 to $238.8700 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 Weighted average price. These shares were sold in multiple transactions at prices ranging from $238.9280 to $239.8200 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 Weighted average price. These shares were sold in multiple transactions at prices ranging from $240.0000 to $240.9715 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F6 Weighted average price. These shares were sold in multiple transactions at prices ranging from $241.0000 to $241.9400 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F7 Weighted average price. These shares were sold in multiple transactions at prices ranging from $242.3086 to $243.1000 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F8 Weighted average price. These shares were sold in multiple transactions at prices ranging from $243.3800 to $243.4000 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F9 Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
F10 The reported securities are held by an LLC that is managed by the reporting person and his spouse.
F11 Option is exercisable and vests over four years at the rate of 25% on March 22, 2019, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.