0001127602-16-068338.txt : 20161123
0001127602-16-068338.hdr.sgml : 20161123
20161123161221
ACCESSION NUMBER: 0001127602-16-068338
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161122
FILED AS OF DATE: 20161123
DATE AS OF CHANGE: 20161123
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SALESFORCE COM INC
CENTRAL INDEX KEY: 0001108524
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 943320693
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: THE LANDMARK
STREET 2: ONE MARKET STREET STE.300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
MAIL ADDRESS:
STREET 1: THE LANDMARK
STREET 2: ONE MARKET STREET STE. 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dayon Alexandre
CENTRAL INDEX KEY: 0001603046
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32224
FILM NUMBER: 162016724
MAIL ADDRESS:
STREET 1: THE LANDMARK @ ONE MARKET STREET
STREET 2: SUITE 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2016-11-22
0001108524
SALESFORCE COM INC
CRM
0001603046
Dayon Alexandre
THE LANDMARK @ ONE MARKET STREET
SUITE 300
SAN FRANCISCO
CA
94105
1
Pres. & Chief Product Officer
Performance-Based Restricted Stock Units
0
2016-11-22
4
A
0
26466
0
A
2019-12-15
2019-12-15
Common Stock
26466
26466
D
Non-qualified Stock Option (Right to Buy)
75.57
2016-11-22
4
A
0
212158
0
A
2017-11-22
2023-11-22
Common Stock
212158
212158
D
Restricted Stock Units
0
2016-11-22
4
A
0
26466
0
A
2017-11-22
2020-11-22
Common Stock
26466
26466
D
Each performance-based restricted stock unit, or PRSU, represents a contingent right to receive one share of Issuer common stock.
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.
Option vests over four years at the rate of 25% on November 22, 2017, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
Restricted Stock Units convert to shares of common stock on a one-for-one basis.
These restricted stock units vest as to 25% of the original grant on November 22, 2017 and vest as to 1/16 of the original grant quarterly thereafter.
/s/ Scott Siamas, attorney-in-fact for Alexandre Dayon
2016-11-23