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