SAN FRANCISCO, Nov. 26, 2021 /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 LevelJump. The Plan was adopted by the
Salesforce Board of Directors in July
2014, in accordance with New York Stock Exchange Rule
303A.08.
LevelJump is a sales enablement and readiness solution built on
the Salesforce platform, providing modern, outcome-based enablement
and coaching within the Sales Cloud interface. LevelJump will
become part of Sales Cloud, accelerating Salesforce's entry into
the sales enablement space by guiding and facilitating better
engagement and measurable impact on the sales process. With
LevelJump and Trailhead, Salesforce will play an even larger role
in upskilling the future workforce – an increasingly vital need in
the modern workplace.
Through the Plan, Salesforce granted a total of 14,444
restricted stock units ("RSUs") to 12 LevelJump 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.
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SOURCE Salesforce