| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WORK | Class A Common Stock | Disposition pursuant to a tender of shares in a change of control transaction | -328K | -100% | 0 | Jul 21, 2021 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WORK | Restricted Stock Units | Disposed to Issuer | $0 | -37.5K | -100% | $0.00* | 0 | Jul 21, 2021 | Class B Common Stock | 37.5K | Direct | F3, F4, F5 | |
| transaction | WORK | Restricted Stock Units | Disposed to Issuer | $0 | -43.8K | -100% | $0.00* | 0 | Jul 21, 2021 | Class B Common Stock | 43.8K | Direct | F3, F4, F5 | |
| transaction | WORK | Stock Option (Right to Buy) | Disposed to Issuer | $0 | -84K | -100% | $0.00* | 0 | Jul 21, 2021 | Class B Common Stock | 84K | $10.56 | Direct | F6 |
| transaction | WORK | Stock Option (Right to Buy) | Disposed to Issuer | $0 | -103K | -100% | $0.00* | 0 | Jul 21, 2021 | Class A Common Stock | 103K | $24.31 | Direct | F6 |
David Schellhase is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Includes 30,919 shares of Class A common stock subject to restricted stock units ("RSUs") of the Issuer. Pursuant to the Agreement and Plan of Merger, dated as of December 1, 2020 (the "Merger Agreement"), by and among salesforce.com, inc. ("Salesforce"), Skyline Strategies I Inc., Skyline Strategies II LLC, and the Issuer, at the effective time of the merger (the "Effective Time"), each of the Issuer's RSUs were assumed and converted into an RSU with respect to a number of shares of Salesforce common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of common stock subject to the Issuer RSU immediately prior to the Effective Time by (ii) the "option/RSU conversion ratio" as defined in the definitive proxy statement filed by the Issuer with the SEC on January 29, 2021. The converted RSU will otherwise be subject to the same terms and conditions as were applicable to the Issuer RSU prior to the Effective Time. |
| F2 | Pursuant to the Merger Agreement, each share of the Issuer's common stock was tendered in exchange for (i) 0.0776 shares of Salesforce common stock and (ii) $26.79 in cash, together with cash in lieu of any fractional shares of Salesforce common stock. |
| F3 | This RSU represents the right to receive shares of Class B Common Stock. |
| F4 | Pursuant to the Merger Agreement, at the Effective Time, each of the Issuer's RSUs were assumed and converted into an RSU with respect to a number of shares of Salesforce common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of common stock subject to the Issuer RSU immediately prior to the Effective Time by (ii) the option/RSU conversion ratio. The converted RSU will otherwise be subject to the same terms and conditions as were applicable to the Issuer RSU prior to the Effective Time. |
| F5 | Not applicable. |
| F6 | Pursuant to the Merger Agreement, at the Effective Time, each outstanding option was assumed and converted into an option to purchase the number of shares of Salesforce common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of common stock subject to the Issuer option immediately prior to the Effective Time by (ii) the option/RSU conversion ratio, with an exercise price determined by dividing (i) the exercise price of the Issuer option immediately prior to the Effective Time by (ii) the option/RSU conversion ratio. The converted option will otherwise be subject to the same terms and conditions as were applicable to the Issuer option prior to the Effective Time. |