SAN FRANCISCO, March 24, 2017 /PRNewswire/ -- Salesforce
(NYSE: CRM), the world's #1 CRM company and Intelligent Customer
Success Platform, 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 Sequence LLC ("Sequence"). The Plan was adopted by the
Salesforce Board of Directors in July
2014, in accordance with New York Stock Exchange Rule
303A.08.
Sequence helps companies lead design-driven transformation by
creating connected customer experiences and building innovative
digital products and services.
Under the Plan, Salesforce granted a total of 63,943 restricted
stock units ("RSUs") to 29 employees at Sequence. 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. The employees who
received an equity award are non-executive employees and joined
Salesforce as a result of the acquisition.
About Salesforce
Salesforce, the world's #1 CRM
company and Intelligent Customer Success Platform, 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