Awards and Recognition
Salesforce Grants Equity Awards Under Its Inducement Equity Incentive Plan
San Francisco—March 1, 2017—Salesforce (NYSE: CRM), the Customer Success Platform and world's #1 CRM company, today announced it has granted equit
San Francisco—March 1, 2017—Salesforce (NYSE: CRM), the Customer Success Platform and world’s #1 CRM company, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the “Plan”) to a new employee who joined Salesforce in connection with its acquisition of Unity&Variety. The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08.
The Unity&Variety team is enhancing Quip, a Salesforce company, with creative and visual elements, furthering Quip’s mission of creating the next generation of productivity.
Under the Plan, Salesforce granted a total of 27,473 restricted stock units (“RSUs”) to 1 employee at Unity&Variety. These RSUs will vest over four years with 25 percent of the RSUs vesting on the first anniversary of the grant date and the balance vesting quarterly thereafter in 12 equal installments, subject to continued service through each applicable vesting date. The employee who received an equity award is a non-executive employee and joined Salesforce as a result of the acquisition.
Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.
Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." For more information please visit https://www.salesforce.com, or call 1-800-NO-SOFTWARE.