SAN FRANCISCO, Jan. 23, 2017 /PRNewswire/ -- Salesforce
(NYSE: CRM), the Customer Success Platform and world's #1 CRM
company, 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 its acquisition of Twin
Prime, Inc. ("Twin Prime"). The Plan was adopted by the Salesforce
Board of Directors in July 2014, in
accordance with New York Stock Exchange Rule 303A.08.
Twin Prime uses machine learning to analyze real-time network
data, identify and prioritize performance gaps in mobile apps, and
then optimize mobile performance so companies can deliver content
faster to any location, device and network.
Under the Plan, Salesforce granted a total of 76,024 restricted
stock units ("RSUs") to 12 employees at Twin Prime. These RSUs will
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 employee and joined
Salesforce as a result of the acquisition.
About Salesforce
Salesforce, the Customer Success
Platform and world's #1 CRM, empowers companies to connect with
their customers in a whole new way. For more information about
Salesforce (NYSE: CRM), visit: www.salesforce.com.
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SOURCE Salesforce