Salesforce Grants Equity Awards to Spiff Employees Under Its Inducement Equity Incentive Plan
March 22 2024 - 4:02PM
Business Wire
Salesforce (NYSE: CRM), the #1 AI 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 Spiff. 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 117,029
restricted stock units ("RSUs") to 107 Spiff employees. The RSUs
vest over four years with 25 percent of the RSUs vesting on the
first anniversary of the grant date and with 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 is the #1 AI CRM, empowering companies to connect
with their customers in a whole new way through the power of CRM +
AI + Data + Trust on one unified platform: Einstein 1. For more
information visit: www.salesforce.com (NYSE: CRM).
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Sarah Kennedy (415) 412-2052
Salesforce (NYSE:CRM)
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