0001127602-19-013278.txt : 20190326
0001127602-19-013278.hdr.sgml : 20190326
20190326194329
ACCESSION NUMBER: 0001127602-19-013278
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190322
FILED AS OF DATE: 20190326
DATE AS OF CHANGE: 20190326
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hawkins Mark J
CENTRAL INDEX KEY: 0001430437
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32224
FILM NUMBER: 19706390
MAIL ADDRESS:
STREET 1: C/O LOGITECH, INC.
STREET 2: 6505 KAISER DRIVE
CITY: FREMONT
STATE: CA
ZIP: 94555
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: SALESFORCE TOWER
STREET 2: 415 MISSION STREET 3RD FL
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 415-901-7000
MAIL ADDRESS:
STREET 1: SALESFORCE TOWER
STREET 2: 415 MISSION STREET 3RD FL
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2019-03-22
0001108524
SALESFORCE COM INC
CRM
0001430437
Hawkins Mark J
415 MISSION STREET
3RD FLOOR
SAN FRANCISCO
CA
94105
1
President and CFO
Common Stock
2019-03-22
4
M
0
4236
0
A
24584
D
Common Stock
2019-03-25
4
S
0
2136
159.5953
D
22448
D
Performance-Based Restricted Stock Units
0
2019-03-22
4
A
0
15499
0
A
2022-04-15
2022-04-15
Common Stock
15499
15499
D
Non-qualified Stock Option (Right to Buy)
161.50
2019-03-22
4
A
0
122420
161.50
A
2020-03-22
2026-03-22
Common Stock
122420
122420
D
Restricted Stock Units
0
2019-03-22
4
A
0
15480
0
A
2020-03-22
2023-03-22
Common Stock
15480
15480
D
Restricted Stock Units
0
2019-03-22
4
M
0
4236
0
D
2019-03-22
2022-03-22
Common Stock
4236
12708
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 March 22, 2020, 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 March 22, 2020 and vest as to 1/16 of the original grant quarterly thereafter.
These restricted stock units vested as to 25% of the original grant on March 22, 2019 and vest as to 1/16 of the original grant quarterly thereafter.
/s/ Scott Siamas, attorney-in-fact for Mark Hawkins
2019-03-26