Salesforce Grants Equity Awards to Tenyx, PredictSpring, and Zoomin Employees Under Its Inducement Equity Incentive Plan
November 25 2024 - 4:01PM
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 acquisitions of Tenyx, PredictSpring, and
Zoomin. 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 90,643
restricted stock units ("RSUs") to 36 employees at PredictSpring,
17 employees at Tenyx, and two employees at Zoomin. 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
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