68 Salesforce, recognized as the leading AI CRM provider, has disclosed the granting of equity awards to new employees who joined the company through the acquisition of Spiff. These awards were issued under the 2014 Inducement Equity Incentive Plan (the “Plan”), which was established by the Salesforce Board of Directors in July 2014, in adherence to New York Stock Exchange Rule 303A.08. As part of this initiative, Salesforce has allocated a total of 117,029 restricted stock units (“RSUs”) to 107 employees from Spiff. The RSUs follow a four-year vesting schedule, with 25 percent becoming vested on the first anniversary of the grant date.The remaining vesting quarterly over 12 equal installments, contingent upon the employees’ continued service. It’s noteworthy that all recipients of these equity awards hold non-executive officer positions within the company. You Might Be Interested In Boost for India’s Economy: Rupee Strengthens Against US Dollar National Debt Hits Record $34 Trillion, Averaging Approximately $100,000 per Person in the U.S. Grover Sued By BharatPe For Embezzlement Unravelling the OpenAI Saga: Sam Altman’s Abrupt Exit, Board Battles, and the Future of Generative AI From Semiconductors to Aviation: Tata group has planned to invest $90 billion in the next 5 years Dhofar set to welcome 400 charter flights this winter
