STOCK TITAN

Salesforce Grants Equity Awards to Own Company and Zoomin Employees Under Its Inducement Equity Incentive Plan

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Salesforce (NYSE: CRM) has announced equity awards under its 2014 Inducement Equity Incentive Plan for employees from recent acquisitions. The company granted 95,777 restricted stock units (RSUs) to 218 employees from Own Company (201) and Zoomin (17).

The RSUs have a four-year vesting schedule, with 25% vesting on the first anniversary and the remaining balance vesting quarterly in 12 equal installments, contingent on continued employment. All recipients are non-executive employees. The Plan was established by Salesforce's Board in July 2014 in compliance with NYSE Rule 303A.08.

Salesforce (NYSE: CRM) ha annunciato premi azionari nell'ambito del suo Piano di Incentivazione Azionaria del 2014 per i dipendenti delle recenti acquisizioni. L'azienda ha concesso 95.777 unità azionarie vincolate (RSU) a 218 dipendenti di Own Company (201) e Zoomin (17).

Le RSU hanno un programma di maturazione di quattro anni, con il 25% che matura al primo anniversario e il resto che matura trimestralmente in 12 rate uguali, a condizione di continuare l'impiego. Tutti i destinatari sono dipendenti non esecutivi. Il Piano è stato istituito dal Consiglio di Salesforce nel luglio 2014 in conformità con la Regola 303A.08 della NYSE.

Salesforce (NYSE: CRM) ha anunciado premios en acciones bajo su Plan de Incentivos de Capital de Inducción de 2014 para empleados de adquisiciones recientes. La compañía otorgó 95,777 unidades de acciones restringidas (RSUs) a 218 empleados de Own Company (201) y Zoomin (17).

Las RSUs tienen un programa de consolidación de cuatro años, con el 25% consolidándose en el primer aniversario y el saldo restante consolidándose trimestralmente en 12 pagos iguales, condicionado a la continuación del empleo. Todos los beneficiarios son empleados no ejecutivos. El Plan fue establecido por la Junta de Salesforce en julio de 2014 en cumplimiento con la Regla 303A.08 de la NYSE.

세일즈포스 (NYSE: CRM)는 최근 인수된 직원들을 위한 2014 유인 자본 인센티브 계획에 따른 주식 보상을 발표했습니다. 회사는 95,777개의 제한 주식 단위 (RSU)218명의 직원에게 Own Company (201)와 Zoomin (17)에서 부여했습니다.

이 RSU는 4년의 베스팅 일정을 가지며, 첫 번째 기념일에 25%가 베스팅되고 나머지 잔액은 고용 유지 조건 하에 12회에 걸쳐 분기별로 동일한 금액으로 베스팅됩니다. 모든 수령자는 비임원 직원입니다. 이 계획은 2014년 7월 세일즈포스 이사회에 의해 NYSE 규칙 303A.08에 따라 수립되었습니다.

Salesforce (NYSE: CRM) a annoncé des récompenses en actions dans le cadre de son Plan d'Incitation en Actions de 2014 pour les employés issus de récentes acquisitions. L'entreprise a accordé 95 777 unités d'actions restreintes (RSU) à 218 employés d'Own Company (201) et de Zoomin (17).

Les RSU ont un calendrier d'acquisition de quatre ans, avec 25% acquérant des droits lors du premier anniversaire et le reste acquérant des droits trimestriellement en 12 versements égaux, sous condition de maintien de l'emploi. Tous les bénéficiaires sont des employés non-exécutifs. Le Plan a été établi par le Conseil d'Administration de Salesforce en juillet 2014, conformément à la Règle 303A.08 de la NYSE.

Salesforce (NYSE: CRM) hat Aktienprämien im Rahmen seines Aktienanreizplans von 2014 für Mitarbeiter aus jüngsten Übernahmen angekündigt. Das Unternehmen hat 95.777 eingeschränkte Aktieneinheiten (RSUs) an 218 Mitarbeiter von Own Company (201) und Zoomin (17) vergeben.

Die RSUs haben einen vierjährigen Vesting-Zeitplan, wobei 25% am ersten Jahrestag und der verbleibende Betrag vierteljährlich in 12 gleichen Raten fällig wird, abhängig von der fortgesetzten Beschäftigung. Alle Empfänger sind nicht-executive Mitarbeiter. Der Plan wurde im Juli 2014 von dem Vorstand von Salesforce in Übereinstimmung mit der NYSE-Regel 303A.08 eingerichtet.

Positive
  • Strategic acquisitions of Own Company and Zoomin completed
  • Employee retention strategy implemented through equity incentives
  • RSU grants align employee interests with shareholders
Negative
  • Potential dilution from 95,777 new RSUs

SAN FRANCISCO--(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 Own Company 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 95,777 restricted stock units ("RSUs") to 201 employees at Own Company and 17 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

Salesforce helps organizations of any size reimagine their business with AI. Agentforce — the first digital labor solution for enterprises — seamlessly integrates with Customer 360 applications, Data Cloud, and Einstein AI to create a limitless workforce, bringing humans and agents together to deliver customer success on a single, trusted platform. Visit www.salesforce.com for more information.

pr@salesforce.com

(415) 412-2052

Source: Salesforce

FAQ

How many RSUs did Salesforce (CRM) grant under its 2014 Inducement Equity Incentive Plan?

Salesforce granted 95,777 RSUs to employees from Own Company and Zoomin acquisitions.

What is the vesting schedule for the RSUs granted by Salesforce (CRM) to Own Company and Zoomin employees?

The RSUs vest over 4 years: 25% after first year, remaining balance quarterly over 12 installments.

How many employees from Own Company and Zoomin received Salesforce (CRM) equity awards?

218 total employees: 201 from Own Company and 17 from Zoomin.

When was Salesforce's (CRM) Inducement Equity Incentive Plan established?

The Plan was adopted by Salesforce's Board in July 2014, following NYSE Rule 303A.08.

Salesforce Com Inc

NYSE:CRM

CRM Rankings

CRM Latest News

CRM Stock Data

282.22B
928.08M
2.64%
82.36%
1.41%
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO