Home/Filings/4/0001127602-19-013284
4//SEC Filing

Robbins Cynthia G. 4

Accession 0001127602-19-013284

CIK 0001108524other

Filed

Mar 25, 8:00 PM ET

Accepted

Mar 26, 7:53 PM ET

Size

16.3 KB

Accession

0001127602-19-013284

Insider Transaction Report

Form 4
Period: 2019-03-22
Robbins Cynthia G.
EVP, Global Employee Success
Transactions
  • Exercise/Conversion

    Common Stock

    2019-03-22+2,6473,211 total
  • Sale

    Common Stock

    2019-03-25$159.60/sh931$148,5832,280 total
  • Award

    Performance-Based Restricted Stock Units

    2019-03-22+7,7507,750 total
    Exercise: $0.00From: 2022-04-15Exp: 2022-04-15Common Stock (7,750 underlying)
  • Award

    Non-qualified Stock Option (Right to Buy)

    2019-03-22$161.50/sh+61,210$9,885,41561,210 total
    Exercise: $161.50From: 2020-03-22Exp: 2026-03-22Common Stock (61,210 underlying)
  • Award

    Restricted Stock Units

    2019-03-22+7,7407,740 total
    Exercise: $0.00From: 2020-03-22Exp: 2023-03-22Common Stock (7,740 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2019-03-222,6477,943 total
    Exercise: $0.00From: 2019-03-22Exp: 2022-03-22Common Stock (2,647 underlying)
Footnotes (6)
  • [F1]Each performance-based restricted stock unit, or PRSU, represents a contingent right to receive one share of Issuer common stock.
  • [F2]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.
  • [F3]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.
  • [F4]Restricted Stock Units convert to shares of common stock on a one-for-one basis.
  • [F5]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.
  • [F6]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.

Issuer

SALESFORCE COM INC

CIK 0001108524

Entity typeother

Related Parties

1
  • filerCIK 0001653281

Filing Metadata

Form type
4
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 7:53 PM ET
Size
16.3 KB