0001127602-22-012448.txt : 20220422
0001127602-22-012448.hdr.sgml : 20220422
20220422174104
ACCESSION NUMBER: 0001127602-22-012448
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220322
FILED AS OF DATE: 20220422
DATE AS OF CHANGE: 20220422
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hyder Brent
CENTRAL INDEX KEY: 0001704187
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32224
FILM NUMBER: 22846859
MAIL ADDRESS:
STREET 1: 415 MISSION STREET, 3RD FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Salesforce, 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
FORMER COMPANY:
FORMER CONFORMED NAME: SALESFORCE.COM, INC.
DATE OF NAME CHANGE: 20190806
FORMER COMPANY:
FORMER CONFORMED NAME: SALESFORCE COM INC
DATE OF NAME CHANGE: 20000307
4/A
1
form4a.xml
PRIMARY DOCUMENT
X0306
4/A
2022-03-22
2022-03-24
0001108524
Salesforce, Inc.
CRM
0001704187
Hyder Brent
415 MISSION STREET
3RD FLOOR
SAN FRANCISCO
CA
94105
1
President/Chief People Officer
Performance-Based Restricted Stock Units
0
2022-03-22
4
A
0
8663
0
A
2025-04-15
2025-04-15
Common Stock
8663
8663
D
Non-qualified Stock Option (Right to Buy)
218.21
2022-03-22
4
A
0
61687
0
A
2023-03-22
2029-03-22
Common Stock
61687
61687
D
Restricted Stock Units
0
2022-03-22
4
A
0
9166
0
A
2023-03-22
2026-03-22
Common Stock
9166
9166
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.
This amendment is being filed solely to correct an error in the number of options previously reported. This amended report does not report any new transactions or otherwise modify the transaction details that were previously reported.
Option vests over four years at the rate of 25% on March 22, 2023, 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 vested as to 25% of the original grant on March 22, 2023 and vest as to 1/16 of the original grant quarterly thereafter.
/s/ Anisha Sharodi, Attorney-in-Fact for Brent Hyder
2022-04-22