Gavin Patterson - 22 Jun 2022 Form 4 Insider Report for Salesforce, Inc. (CRM)

Role
Pres. & Chief Revenue Officer
Signature
/s/ Anisha Sharodi, Attorney-in-Fact for Gavin Patterson
Issuer symbol
CRM
Transactions as of
22 Jun 2022
Net transactions value
-$216,956
Form type
4
Filing time
23 Jun 2022, 20:53:51 UTC
Previous filing
25 Apr 2022
Next filing
25 Jul 2022
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 +1,351 +8.8% $0.000000 16,665 22 Jun 2022 Direct
transaction CRM Common Stock Options Exercise $0 +871 +5.2% $0.000000 17,536 22 Jun 2022 Direct
transaction CRM Common Stock Sale $216,956 -1,273 -7.3% $170.43 16,263 23 Jun 2022 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 Restricted Stock Units Options Exercise $0 -1,351 -11% $0.000000 10,806 22 Jun 2022 Common Stock 1,351 $0.000000 Direct F2, F3
transaction CRM Restricted Stock Units Options Exercise $0 -871 -8.3% $0.000000 9,587 22 Jun 2022 Common Stock 871 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 June 22, 2022.
F2 Restricted Stock Units convert to shares of common stock on a one-for-one basis.
F3 These restricted stock units vested as to 25% of the original grant on June 22, 2021 and vest as to 1/16 of the original grant quarterly thereafter.
F4 These restricted stock units vested as to 25% of the original grant on March 22, 2022 and vest as to 1/16 of the original grant quarterly thereafter.