4//SEC Filing
Allanson Joe 4
Accession 0001127602-21-011954
CIK 0001108524other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 8:17 PM ET
Size
12.9 KB
Accession
0001127602-21-011954
Insider Transaction Report
Form 4
Allanson Joe
Chief Accounting Officer
Transactions
- Award
Non-qualified Stock Option (Right to Buy)
2021-03-22$215.17/sh+17,585$3,783,764→ 17,585 totalExercise: $215.17From: 2022-03-22Exp: 2028-03-22→ Common Stock (17,585 underlying) - Award
Performance-Based Restricted Stock Units
2021-03-22+2,434→ 2,434 totalExercise: $0.00From: 2024-04-15Exp: 2024-04-15→ Common Stock (2,434 underlying) - Sale
Common Stock
2021-03-24$215.12/sh−397$85,403→ 31,108 total - Award
Restricted Stock Units
2021-03-22+2,324→ 2,324 totalExercise: $0.00From: 2022-03-22Exp: 2025-03-22→ Common Stock (2,324 underlying)
Footnotes (6)
- [F1]The transaction reported in this Form 4 was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person at least 90 days prior to the trading date.
- [F2]Each performance-based restricted stock unit, or PRSU, represents a contingent right to receive one share of Issuer common stock.
- [F3]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.
- [F4]Option vests over four years at the rate of 25% on March 22, 2022, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months.
- [F5]Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- [F6]These restricted stock units vested as to 25% of the original grant on March 22, 2022 and vest as to 1/16 of the original grant quarterly thereafter.
Documents
Issuer
SALESFORCE.COM, INC.
CIK 0001108524
Entity typeother
Related Parties
1- filerCIK 0001603027
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 8:17 PM ET
- Size
- 12.9 KB