Marc Benioff - Apr 16, 2024 Form 4 Insider Report for Salesforce, Inc. (CRM)

Signature
/s/ Sarah Dale, Attorney-in-Fact for Marc Benioff
Stock symbol
CRM
Transactions as of
Apr 16, 2024
Transactions value $
-$11,410,612
Form type
4
Date filed
4/17/2024, 06:35 PM
Previous filing
Apr 16, 2024
Next filing
Apr 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRM Common Stock Sale -$205K -752 -0.01% $273.12 12.9M Apr 16, 2024 Direct F1, F2, F3
transaction CRM Common Stock Sale -$240K -874 -0.01% $274.20 12.9M Apr 16, 2024 Direct F1, F3, F4
transaction CRM Common Stock Sale -$576K -2.1K -0.02% $274.97 12.9M Apr 16, 2024 Direct F1, F3, F5
transaction CRM Common Stock Sale -$419K -1.52K -0.01% $276.26 12.9M Apr 16, 2024 Direct F1, F3, F6
transaction CRM Common Stock Sale -$613K -2.21K -0.02% $277.44 12.9M Apr 16, 2024 Direct F1, F3, F7
transaction CRM Common Stock Sale -$1.39M -4.98K -0.04% $278.43 12.9M Apr 16, 2024 Direct F1, F3, F8
transaction CRM Common Stock Sale -$643K -2.3K -0.02% $279.21 12.9M Apr 16, 2024 Direct F1, F3, F9
transaction CRM Common Stock Sale -$75.9K -271 0% $280.00 12.9M Apr 16, 2024 Direct F1, F3, F10
transaction CRM Common Stock Sale -$7.25M -26.4K -0.2% $274.77 12.9M Apr 16, 2024 Direct F3, F11
holding CRM Common Stock 10M Apr 16, 2024 By Marc Benioff Fund LLC F12
* 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 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 December 29, 2023.
F2 Weighted average price. These shares were sold in multiple transactions at prices ranging from $272.6120 to $273.5671 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.
F3 Shares held in the reporting person's name or in the Marc R. Benioff Revocable Trust.
F4 Weighted average price. These shares were sold in multiple transactions at prices ranging from $273.6273 to $274.6051 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.
F5 Weighted average price. These shares were sold in multiple transactions at prices ranging from $274.6471 to $275.6300 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.
F6 Weighted average price. These shares were sold in multiple transactions at prices ranging from $275.7500 to $276.6349 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.
F7 Weighted average price. These shares were sold in multiple transactions at prices ranging from $276.8713 to $277.7909 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.
F8 Weighted average price. These shares were sold in multiple transactions at prices ranging from $277.8967 to $278.8960 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.
F9 Weighted average price. These shares were sold in multiple transactions at prices ranging from $278.9000 to $279.7909 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.
F10 Weighted average price. These shares were sold in multiple transactions at prices ranging from $279.9200 to $280.1178 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.
F11 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 performance-based restricted stock unit award that vested based on the holder's continued employment through April 15, 2024.
F12 Shares held in the Marc Benioff Fund LLC.