0001127602-18-012807.txt : 20180326
0001127602-18-012807.hdr.sgml : 20180326
20180326210347
ACCESSION NUMBER: 0001127602-18-012807
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180322
FILED AS OF DATE: 20180326
DATE AS OF CHANGE: 20180326
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Benioff Marc
CENTRAL INDEX KEY: 0001294693
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32224
FILM NUMBER: 18713953
MAIL ADDRESS:
STREET 1: THE LANDMARK @ ONE MARKET
STREET 2: SUITE 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
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
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2018-03-22
0001108524
SALESFORCE COM INC
CRM
0001294693
Benioff Marc
THE LANDMARK @ ONE MARKET STREET
SUITE 300
SAN FRANCISCO
CA
94105
1
1
Chairman of the Board and CEO
Common Stock
2018-03-23
4
S
0
1100
114.7709
D
33280700
D
Common Stock
2018-03-23
4
S
0
300
117.8567
D
33280400
D
Common Stock
2018-03-23
4
S
0
1900
116.1474
D
33278500
D
Common Stock
2018-03-23
4
S
0
1700
116.9318
D
33276800
D
Common Stock
2018-03-26
4
S
0
1791
116.015
D
33275009
D
Common Stock
2018-03-26
4
S
0
600
116.935
D
33274409
D
Common Stock
2018-03-26
4
S
0
1600
118.0094
D
33272809
D
Common Stock
2018-03-26
4
S
0
1009
118.9122
D
33271800
D
Performance-Based Restricted Stock Units
0
2018-03-22
4
A
0
104127
0
A
2021-04-15
2021-04-15
Common Stock
104127
104127
D
Non-qualified Stock Option (Right to Buy)
118.04
2018-03-22
4
A
0
317105
0
A
2019-03-22
2025-03-22
Common Stock
317105
317105
D
Pursuant to a 10b5-1 Plan.
Weighted average price. These shares were sold in multiple transactions at prices ranging from $114.3600 to $115.2200 inclusive. The reporting person undertakes to provide to 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 R. Benioff Revocable Trust.
Weighted average price. These shares were sold in multiple transactions at prices ranging from $117.5700 to $118.0000 inclusive. The reporting person undertakes to provide to 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 $115.5600 to $116.5300 inclusive. The reporting person undertakes to provide to 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 $116.5600 to $117.5300 inclusive. The reporting person undertakes to provide to 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 $115.3800 to $116.3700 inclusive. The reporting person undertakes to provide to 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 $116.4100 to $117.3200 inclusive. The reporting person undertakes to provide to 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 $117.5800 to $118.5300 inclusive. The reporting person undertakes to provide to 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 $118.6100 to $119.2000 inclusive. The reporting person undertakes to provide to 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.
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 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.
/s/ Scott Siamas, Attorney-in-Fact for Marc Benioff
2018-03-26