SAN FRANCISCO, Jan. 23, 2020 /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 ClickSoftware. The Plan was adopted by the
Salesforce Board of Directors in July
2014, in accordance with New York Stock Exchange Rule
303A.08.
ClickSoftware will enhance Salesforce Service Cloud's leadership
as the #1 service platform, empowering every service employee from
the contact center to the field to deliver more connected,
intelligent customer service.
Through the Plan, ClickSoftware employees will receive various
equity awards as provided below. Each of the employees who received
an equity award is a non-executive officer.
Under the Plan, Salesforce granted a total of 103,847 restricted
stock units ("RSUs") to 208 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.
About Salesforce
Salesforce is the global leader in
Customer Relationship Management (CRM), bringing companies closer
to their customers in the digital age. Founded in 1999, Salesforce
enables companies of every size and industry to take advantage of
powerful technologies—cloud, mobile, social, internet of things,
artificial intelligence, voice and blockchain—to create a
360-degree view of their customers. For more information about
Salesforce (NYSE: CRM), visit: www.salesforce.com.
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SOURCE Salesforce