SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
August 19, 2005
Date of Report (date of earliest event reported)
(Exact name of Registrant as specified in charter)
(State or other jurisdiction
|(Commission File Number)|| |
(I. R. S. Employer
The Landmark @ One Market, Suite 300
San Francisco CA 94105
(Address of principal executive offices)
Registrants telephone number, including area code: (415) 901-7000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Item 7.01 Regulation FD Disclosure.
Marc Benioff, Chairman of the Board and Chief Executive Officer of salesforce.com, inc. (the Registrant), adopted a second Rule 10b5-1 sales plan (the Second Plan) on June 27, 2005 to provide for the orderly open market selling of a portion of his shares of Registrants common stock (the Shares) in a manner that satisfies the provisions of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The Second Plan is separate from, and adopted in addition to, Mr. Benioffs first Rule 10b5-1 sales plan (the First Plan) described in a press release issued by the Registrant on December 15, 2004.
Under the Second Plan, up to 3,900,000 Shares may be sold in open market transactions at current market prices on Mr. Benioffs behalf at a rate of 10,000 Shares per trading day so long as the First Plan remains in effect, and 20,000 Shares per trading day thereafter. Sales pursuant to the Second Plan are expected to commence on August 22, 2005 and continue for approximately one year. Sales under the Second Plan are subject to certain price restrictions, and may be terminated at any time. As of August 18, 2005, Mr. Benioff had beneficial ownership of 26,854,667 Shares. Actual sales transactions will be disclosed publicly through filings with the Securities and Exchange Commission as required.
The Registrant has previously disclosed that Mr. Benioff and other of its officers and directors have implemented Rule 10b5-1 trading plans. Except as may be required by law, the Registrant does not undertake to report on trading plans of its officers and directors, nor to report modifications, terminations, transactions or other activities under Mr. Benioffs Plans or the trading plan of any other officer or director.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Dated: August 19, 2005||salesforce.com, inc.|
|/s/ David Schellhase|
David Schellhase, Senior Vice President and