SAN FRANCISCO, Feb. 23, 2018 /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
its acquisition of Attic Labs, LLC. The Plan was adopted by the
Salesforce Board of Directors in July
2014, in accordance with New York Stock Exchange Rule
303A.08.
Attic Labs is the team that developed Noms, a decentralized
database that makes it easy to store, move, and collaborate on
large-scale structured data.
Under the Plan, Salesforce granted a total of 73,896 restricted
stock units ("RSUs") to six employees at Attic Labs. 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 global CRM leader,
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