U.S. markets close in 3 hours 44 minutes
  • S&P 500

    3,663.51
    -81.01 (-2.16%)
     
  • Dow 30

    29,454.96
    -471.98 (-1.58%)
     
  • Nasdaq

    10,732.55
    -340.76 (-3.08%)
     
  • Russell 2000

    1,712.99
    -39.52 (-2.26%)
     
  • Crude Oil

    92.38
    +3.93 (+4.44%)
     
  • Gold

    1,712.60
    -8.20 (-0.48%)
     
  • Silver

    20.33
    -0.33 (-1.62%)
     
  • EUR/USD

    0.9784
    -0.0011 (-0.12%)
     
  • 10-Yr Bond

    3.8650
    +0.0390 (+1.02%)
     
  • GBP/USD

    1.1121
    -0.0048 (-0.43%)
     
  • USD/JPY

    145.1930
    +0.1250 (+0.09%)
     
  • BTC-USD

    19,597.33
    -423.54 (-2.12%)
     
  • CMC Crypto 200

    446.81
    -8.22 (-1.81%)
     
  • FTSE 100

    6,991.09
    -6.18 (-0.09%)
     
  • Nikkei 225

    27,116.11
    -195.19 (-0.71%)
     

Salesforce Grants Equity Awards to Troops.ai Employees Under Its Inducement Equity Incentive Plan

·1 min read

SAN FRANCISCO, Aug. 26, 2022 /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 Troops.ai. The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08.

Salesforce (PRNewsFoto/salesforce.com) (PRNewsfoto/Salesforce)
Salesforce (PRNewsFoto/salesforce.com) (PRNewsfoto/Salesforce)

Through the Plan, Salesforce granted a total of 33,788 restricted stock units ("RSUs") to 13 Troops.ai 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. Each of the employees who received an equity award is a non-executive officer.

About Salesforce

Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.

Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/salesforce-grants-equity-awards-to-troopsai-employees-under-its-inducement-equity-incentive-plan-301613377.html

SOURCE Salesforce