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

Role: Pres/Chief Engineering Officer
Signature: /s/ Sarah Dale, Attorney-in-Fact for Srinivas Tallapragada
Stock symbol: CRM
Transactions as of: Apr 22, 2024
Transactions value $: -$1,494,022
Form type: 4
Date filed: 4/23/2024, 09:24 PM
Previous filing: Apr 17, 2024
Next filing: May 2, 2024
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	$446K	+2.89K	+4.3%	$154.14	70.1K	Apr 22, 2024	Direct	F1
transaction	CRM	Common Stock	Sale	-$807K	-2.89K	-4.13%	$279.10	67.2K	Apr 22, 2024	Direct	F1
transaction	CRM	Common Stock	Options Exercise	$0	+1.12K	+1.66%	$0.00	68.3K	Apr 22, 2024	Direct
transaction	CRM	Common Stock	Options Exercise	$0	+7.14K	+10.46%	$0.00	75.4K	Apr 22, 2024	Direct
transaction	CRM	Common Stock	Sale	-$153K	-561	-0.74%	$273.15	74.9K	Apr 23, 2024	Direct	F2
transaction	CRM	Common Stock	Sale	-$980K	-3.59K	-4.79%	$273.15	71.3K	Apr 23, 2024	Direct	F2

Showing 1 to 6 of 6 entries

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	-2.89K	-100%	$0.00^*	0	Apr 22, 2024	Common Stock	2.89K	$154.14	Direct	F1, F3
transaction	CRM	Restricted Stock Units	Options Exercise	$0	-1.12K	-100%	$0.00^*	0	Apr 22, 2024	Common Stock	1.12K	$0.00	Direct	F4, F5
transaction	CRM	Restricted Stock Units	Options Exercise	$0	-7.14K	-25%	$0.00	21.4K	Apr 22, 2024	Common Stock	7.14K	$0.00	Direct	F4, F6

* 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 5, 2023.
F2	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 April 22, 2024.
F3	Option is exercisable and vests over four years at the rate of 25% on April 22, 2021, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
F4	Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F5	These restricted stock units vest as to 25% of the original grant on April 22, 2021 and vest as to 1/16 of the original grant quarterly thereafter.
F6	These restricted stock units vest as to 25% of the original grant on April 22, 2024 and vest as to 1/16 of the original grant quarterly thereafter.