Filing Details
- Accession Number:
- 0001127602-24-002844
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-01-31 20:03:58
- Reporting Period:
- 2024-01-29
- Accepted Time:
- 2024-01-31 20:03:58
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1108524 | Salesforce Inc. | CRM | Services-Prepackaged Software (7372) | 943320693 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1294693 | Marc Benioff | 415 Mission Street 3Rd Floor San Francisco CA 94105 | Chair And Ceo | Yes | Yes | No | No |
Transaction Summary
| Sold: | 15,000 shares | Avg. Price: $287.89 | Total Value: $4,318,372.90 |
| Number of Shares After Transactions: | 13,641,166 shares | ||
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 | 2024-01-30 | 5,144 | $287.29 | 13,651,022 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-01-30 | 8,826 | $288.14 | 13,642,196 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-01-30 | 1,030 | $288.80 | 13,641,166 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-qualified Stock Option (Right to Buy) | Acquisiton | 2024-01-29 | 90,030 | $0.00 | 90,030 | $287.86 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 90,030 | 2025-01-29 | 2031-01-29 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 10,000,000 | Indirect | By Marc Benioff Fund LLC |
Footnotes
- 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 September 21, 2023.
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $286.6819 to $287.6681 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- Shares held in the reporting person's name or in the Marc R. Benioff Revocable Trust.
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $287.6754 to $288.6491 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $288.6779 to $288.9500 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- Shares held in the Marc Benioff Fund LLC.
- Option vests over four years at the rate of 25% on January 29, 2025, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
Billionaire Hedge Funds
