Amy E. Weaver - 15 Dec 2023 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
President and CFO
Signature
/s/ Sarah Dale, Attorney-in-Fact for Amy Weaver
Issuer symbol
CRM
Transactions as of
15 Dec 2023
Net transactions value
-$404,404
Form type
4
Filing time
18 Dec 2023, 17:14:20 UTC
Previous filing
01 Dec 2023
Next filing
26 Dec 2023
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 $2,151,700 +10,000 +27% $215.17 47,048 15 Dec 2023 Direct F1
transaction CRM Common Stock Sale $1,145,295 -4,500 -9.6% $254.51 42,548 15 Dec 2023 Direct F1
transaction CRM Common Stock Sale $940,609 -3,671 -8.6% $256.23 38,877 15 Dec 2023 Direct F1, F2
transaction CRM Common Stock Sale $470,200 -1,829 -4.7% $257.08 37,048 15 Dec 2023 Direct F1, F3

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 -10,000 -18% $0.000000 45,508 15 Dec 2023 Common Stock 10,000 $215.17 Direct F1, F4
* 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 June 28, 2023.
F2 Weighted average price. These shares were sold in multiple transactions at prices ranging from $255.8000 to $256.7700 inclusive. The reporting person undertakes to provide to 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 $256.8300 to $257.2400 inclusive. The reporting person undertakes to provide to 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 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.