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Salesforce Grants Equity Awards to Tenyx, PredictSpring, and Zoomin Employees Under Its Inducement Equity Incentive Plan

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Salesforce (NYSE: CRM) has granted equity awards under its 2014 Inducement Equity Incentive Plan to employees from recently acquired companies. The company distributed a total of 90,643 restricted stock units (RSUs) to 55 employees from Tenyx, PredictSpring, and Zoomin. The RSUs will vest over four years, with 25% vesting after the first year and the remaining balance vesting quarterly in 12 equal installments, contingent on continued employment. All recipients are non-executive employees.

Salesforce (NYSE: CRM) ha concesso premi in equity nell'ambito del suo Piano di Incentivazione Azionaria 2014 a dipendenti di aziende recentemente acquisite. L'azienda ha distribuito un totale di 90.643 unità azionarie riservate (RSUs) a 55 dipendenti di Tenyx, PredictSpring e Zoomin. Le RSUs matureranno nel corso di quattro anni, con il 25% che maturerà dopo il primo anno e il saldo restante che maturerà trimestralmente in 12 rate uguali, a condizione di mantenere l'impiego. Tutti i destinatari sono dipendenti non esecutivi.

Salesforce (NYSE: CRM) ha otorgado premios en acciones bajo su Plan de Incentivos de Capital por Inducción 2014 a empleados de empresas recientemente adquiridas. La compañía distribuyó un total de 90,643 unidades de acciones restringidas (RSUs) a 55 empleados de Tenyx, PredictSpring y Zoomin. Las RSUs se consolidarán en un plazo de cuatro años, con un 25% consolidándose después del primer año y el saldo restante consolidándose trimestralmente en 12 cuotas iguales, sujeto a la continuidad en el empleo. Todos los beneficiarios son empleados no ejecutivos.

세일즈포스 (NYSE: CRM)는 최근 인수한 기업의 직원들에게 2014 유인형 주식 인센티브 계획에 따라 주식 보상을 부여했습니다. 이 회사는 90,643개의 제한된 주식 단위(RSU)Tenyx, PredictSpring, Zoomin의 55명의 직원에게 배포했습니다. RSU는 4년에 걸쳐 분배되며, 첫 해가 끝난 후 25%가 귀속되고, 나머지 잔액은 고용을 지속하는 조건으로 12번에 걸쳐 분기마다 동일한 비율로 귀속됩니다. 모든 수혜자는 비경영직 직원입니다.

Salesforce (NYSE: CRM) a attribué des récompenses en actions dans le cadre de son Plan d'Incentive en Équité 2014 à des employés d'entreprises récemment acquises. La société a distribué un total de 90 643 unités d'actions restreintes (RSUs) à 55 employés de Tenyx, PredictSpring et Zoomin. Les RSUs seront acquises sur une période de quatre ans, avec 25 % acquises après la première année et le solde restant acquis trimestriellement en 12 versements égaux, sous réserve de maintien de l'emploi. Tous les bénéficiaires sont des employés non exécutifs.

Salesforce (NYSE: CRM) hat im Rahmen seines Aktienbeteiligungsprogramms 2014 Aktienvergütungen an Mitarbeiter von kürzlich akquirierten Unternehmen vergeben. Das Unternehmen hat insgesamt 90.643 eingeschränkte Aktieneinheiten (RSUs) an 55 Mitarbeiter von Tenyx, PredictSpring und Zoomin verteilt. Die RSUs werden über vier Jahre aufgeteilt, wobei 25 % nach dem ersten Jahr und der verbleibende Rest vierteljährlich in 12 gleichen Raten fällig wird, vorausgesetzt, die Anstellung bleibt bestehen. Alle Empfänger sind nicht-executive Mitarbeiter.

Positive
  • Strategic expansion through acquisition of three companies: Tenyx, PredictSpring, and Zoomin
  • Retention strategy implemented through RSU grants to key acquired talent
Negative
  • Potential dilution of existing shareholders due to new RSU issuance

Insights

The equity awards granted to employees of acquired companies represent a standard retention strategy, with 90,643 RSUs distributed across 55 employees. Based on Salesforce's current stock price, this represents a relatively minor financial commitment for a company of CRM's size. The four-year vesting schedule with a one-year cliff is typical for the industry and designed to retain key talent from acquisitions.

The acquisitions of Tenyx (AI), PredictSpring (commerce) and Zoomin (documentation) align with Salesforce's strategy to strengthen its AI and commerce capabilities. While these appear to be smaller, tactical acquisitions rather than major strategic moves, they demonstrate continued execution of the company's growth-through-acquisition strategy.

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 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

Salesforce helps organizations of any size reimagine their business for the world of AI. With Agentforce, Salesforce’s trusted platform, organizations can bring humans together with agents to drive customer success—powered by AI, data, and action. Visit www.salesforce.com for more information.

pr@salesforce.com

Source: Salesforce

FAQ

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

Salesforce granted a total of 90,643 restricted stock units (RSUs) to employees from Tenyx, PredictSpring, and Zoomin.

What is the vesting schedule for the RSUs granted by Salesforce (CRM)?

The RSUs vest over four years, with 25% vesting after the first anniversary of the grant date and the remaining balance vesting quarterly in 12 equal installments.

How many employees received RSUs from Salesforce (CRM) in this grant?

A total of 55 employees received RSUs: 36 from PredictSpring, 17 from Tenyx, and 2 from Zoomin.

Salesforce, Inc.

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