SAN
FRANCISCO, June 24, 2022 /PRNewswire/ -- Salesforce
(NYSE: CRM), the global leader in CRM, today announced it has
granted equity awards under its 2014 Inducement Equity Incentive
Plan (the "Plan") to new employees who joined Salesforce in
connection with the acquisition of Traction on Demand. The Plan was
adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock
Exchange Rule 303A.08.
Through the Plan, Salesforce granted a total of 283,690
restricted stock units ("RSUs") to 425 Traction on Demand
employees. The RSUs 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.
Each of the employees who received an equity award is a
non-executive officer.
About Salesforce
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.
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SOURCE Salesforce