Srinivas Tallapragada - 22 Dec 2024 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
Pres/Chief Engineering Officer
Signature
/s/ Sarah Dale, Attorney-in-Fact for Srinivas Tallapragada
Issuer symbol
CRM
Transactions as of
22 Dec 2024
Net transactions value
-$21,621,366
Form type
4
Filing time
23 Dec 2024, 20:13:03 UTC
Previous filing
23 Oct 2024
Next filing
23 Jan 2025
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 +871 +3.5% $0.000000 25,734 22 Dec 2024 Direct
transaction CRM Common Stock Options Exercise $0 +1,002 +3.9% $0.000000 26,736 22 Dec 2024 Direct
transaction CRM Common Stock Sale $148,822 -438 -1.6% $339.78 26,298 23 Dec 2024 Direct F1
transaction CRM Common Stock Sale $171,247 -504 -1.9% $339.78 25,794 23 Dec 2024 Direct F1
transaction CRM Common Stock Options Exercise $21,283,110 +98,913 +383% $215.17 124,707 23 Dec 2024 Direct F2
transaction CRM Common Stock Options Exercise $16,194,892 +74,217 +60% $218.21 198,924 23 Dec 2024 Direct F2
transaction CRM Common Stock Sale $10,179,881 -30,140 -15% $337.75 168,784 23 Dec 2024 Direct F2, F3
transaction CRM Common Stock Sale $11,968,360 -35,356 -21% $338.51 133,428 23 Dec 2024 Direct F2, F4
transaction CRM Common Stock Sale $15,501,960 -45,653 -34% $339.56 87,775 23 Dec 2024 Direct F2, F5
transaction CRM Common Stock Sale $15,734,680 -46,197 -53% $340.60 41,578 23 Dec 2024 Direct F2, F6
transaction CRM Common Stock Sale $3,354,951 -9,825 -24% $341.47 31,753 23 Dec 2024 Direct F2, F7
transaction CRM Common Stock Sale $2,039,468 -5,959 -19% $342.25 25,794 23 Dec 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 -871 -50% $0.000000 872 22 Dec 2024 Common Stock 871 $0.000000 Direct F8, F9
transaction CRM Restricted Stock Units Options Exercise $0 -1,002 -17% $0.000000 5,013 22 Dec 2024 Common Stock 1,002 $0.000000 Direct F8, F10
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -98,913 -94% $0.000000 6,595 23 Dec 2024 Common Stock 98,913 $215.17 Direct F2, F11
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -74,217 -69% $0.000000 33,735 23 Dec 2024 Common Stock 74,217 $218.21 Direct F2, F12
* 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 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, 2024.
F2 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 23, 2024.
F3 Weighted average price. These shares were sold in multiple transactions at prices ranging from $337.0500 to $338.0400 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 $338.0600 to $339.0500 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 $339.1000 to $340.0550 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 $340.1200 to $341.1100 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 $341.1300 to $341.7000 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 Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F9 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.
F10 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.
F11 Option vests over four years at the rate of 25% on March 22, 2022, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
F12 Option vests over four years at the rate of 25% on March 22, 2023, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.