Srinivas Tallapragada - 24 Feb 2025 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
Pres/Chief Engineering Officer
Signature
/s/ Katherine Huynh, Attorney-in-Fact for Srinivas Tallapragada
Issuer symbol
CRM
Transactions as of
24 Feb 2025
Net transactions value
-$427,012
Form type
4
Filing time
25 Feb 2025, 20:40:41 UTC
Previous filing
23 Jan 2025
Next filing
25 Mar 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 $490,754 +2,249 +8.4% $218.21 29,156 24 Feb 2025 Direct F1
transaction CRM Common Stock Options Exercise $472,944 +2,198 +7.5% $215.17 31,354 24 Feb 2025 Direct F1
transaction CRM Common Stock Sale $1,390,710 -4,447 -14% $312.73 26,907 24 Feb 2025 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 Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2,249 -7.1% $0.000000 29,237 24 Feb 2025 Common Stock 2,249 $218.21 Direct F1, F2
transaction CRM Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2,198 -50% $0.000000 2,199 24 Feb 2025 Common Stock 2,198 $215.17 Direct F1, F3
* 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 23, 2024.
F2 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.
F3 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.