Sabastian Niles - Mar 22, 2025 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
President and CLO
Signature
/s/ Ryan Guerrero, Attorney-in-Fact for Sabastian Niles
Stock symbol
CRM
Transactions as of
Mar 22, 2025
Transactions value $
-$1,012,725
Form type
4
Date filed
3/25/2025, 05:12 PM
Previous filing
Feb 26, 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 +4.06K +323.84% $0.00 5.32K Mar 22, 2025 Direct
transaction CRM Common Stock Sale -$573K -2.01K -37.86% $284.58 3.3K Mar 24, 2025 Direct F1
transaction CRM Common Stock Sale -$440K -1.54K -46.53% $286.37 1.77K Mar 25, 2025 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 -4.06K -25% $0.00 12.2K Mar 22, 2025 Common Stock 4.06K $0.00 Direct F3, F4
transaction CRM Restricted Stock Units Award $0 +16.3K $0.00 16.3K Mar 22, 2025 Common Stock 16.3K $0.00 Direct F3, F5
* 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 March 22, 2025.
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 June 12, 2024.
F3 Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F4 These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.
F5 These restricted stock snits vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.