Filing Details

Accession Number:
0001127602-18-012817
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-26 21:40:07
Reporting Period:
2018-03-22
Accepted Time:
2018-03-26 21:40:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1108524 Salesforce Com Inc CRM Services-Prepackaged Software (7372) 943320693
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1572528 Maria Martinez The Landmark @ One Market St
Suite 300
San Francisco CA 94105
Pres., Sales & Cust. Success No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-03-23 936 $118.00 16,134 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-Based Restricted Stock Units Acquisiton 2018-03-22 4,821 $0.00 4,821 $0.00
Common Stock Non-qualified Stock Option (Right to Buy) Acquisiton 2018-03-22 44,043 $118.04 44,043 $118.04
Common Stock Restricted Stock Units Acquisiton 2018-03-22 5,295 $0.00 5,295 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,821 2021-04-15 2021-04-15 No 4 A Direct
44,043 2019-03-22 2025-03-22 No 4 A Direct
5,295 2019-03-22 2022-03-22 No 4 A Direct
Footnotes
  1. Each performance-based restricted stock unit, or PRSU, represents a contingent right to receive one share of Issuer common stock.
  2. The PRSUs will vest depending on Issuer's total shareholder return ("TSR") over the three-year period from the grant date (the "Performance Period"), relative to companies in the NASDAQ-100 Index as of the grant date (the "Index Group"). If Issuer's TSR over the Performance Period is at the 60th percentile when ranked against the Index Group TSRs, 100% of the target number of shares will vest. For every percentile by which Issuer's TSR ranking within the Index Group exceeds the 60th percentile, shares vesting will increase by 3 and 1/3%, up to a maximum payout of 200% of target if Issuer's TSR ranking is at the 99th percentile. For every percentile by which Issuer's TSR ranking within the Index Group is below the 60th percentile, shares vesting will decrease by 2 and 22/39%, with no payout if Issuer's TSR ranking is below the 30th percentile. If Issuer's absolute TSR over the Performance Period is negative, the number of shares vesting will not exceed 100% of target.
  3. Option vests over four years at the rate of 25% on March 22, 2019, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
  4. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
  5. These restricted stock units vest as to 25% of the original grant on March 22, 2019 and vest as to 1/16 of the original grant quarterly thereafter.