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Salesforce, Inc. — Director's Dealing 2024
Apr 24, 2024
29776_dirs_2024-04-23_9ef994f5-3c5e-4887-b447-dfd26cb31e36.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Salesforce, Inc. (CRM)
CIK: 0001108524
Period of Report: 2024-04-22
Reporting Person: Tallapragada Srinivas (Pres/Chief Engineering Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-22 | Common Stock | M | 2891 | $154.14 | Acquired | 70055 | Direct |
| 2024-04-22 | Common Stock | S | 2891 | $279.10 | Disposed | 67164 | Direct |
| 2024-04-22 | Common Stock | M | 1116 | — | Acquired | 68280 | Direct |
| 2024-04-22 | Common Stock | M | 7141 | — | Acquired | 75421 | Direct |
| 2024-04-23 | Common Stock | S | 561 | $273.1522 | Disposed | 74860 | Direct |
| 2024-04-23 | Common Stock | S | 3586 | $273.1522 | Disposed | 71274 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-22 | Non-qualified Stock Option (Right to Buy) | $154.14 | M | 2891 | Disposed | 2027-04-22 | Common Stock (2891) | Direct |
| 2024-04-22 | Restricted Stock Units | $0 | M | 1116 | Disposed | 2024-04-22 | Common Stock (1116) | Direct |
| 2024-04-22 | Restricted Stock Units | $0 | M | 7141 | Disposed | 2027-04-22 | Common Stock (7141) | Direct |
Footnotes
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.