{"id":387173,"date":"2020-11-23T16:18:36","date_gmt":"2020-11-23T21:18:36","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387173"},"modified":"2020-11-23T16:18:36","modified_gmt":"2020-11-23T21:18:36","slug":"salesforce-grants-equity-awards-to-mobify-employees-under-its-inducement-equity-incentive-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/salesforce-grants-equity-awards-to-mobify-employees-under-its-inducement-equity-incentive-plan\/","title":{"rendered":"Salesforce Grants Equity Awards to Mobify Employees Under Its Inducement Equity Incentive Plan"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SAN FRANCISCO<\/span>, <span class=\"xn-chron\">Nov. 23, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Salesforce (NYSE: CRM), the global leader in CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the &#8220;Plan&#8221;) to new employees who joined Salesforce in connection with the acquisition of Mobify Research and Development Inc. The Plan was adopted by the Salesforce Board of Directors in <span class=\"xn-chron\">July 2014<\/span>, in accordance with New York Stock Exchange Rule 303A.08.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/341399\/salesforce_com_logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/341399\/salesforce_com_logo.jpg\" title=\"Salesforce (PRNewsFoto\/salesforce.com) (PRNewsfoto\/Salesforce)\" alt=\"Salesforce (PRNewsFoto\/salesforce.com) (PRNewsfoto\/Salesforce)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Mobify will provide Salesforce Commerce Cloud with a modern storefront solution that will allow brands to customize their commerce experiences faster and more frequently, deliver an enhanced shopping experience across any channel, and further increase conversion and revenue to drive success in the digital-first economy.<\/p>\n<p>Through the Plan, Mobify employees received various equity awards as provided below. Each of the employees who received an equity award is a non-executive officer. Under the Plan, we granted a total of 19,322 restricted stock units (&#8220;RSUs&#8221;) to 19 Mobify 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. <\/p>\n<p>\n        <b>About Salesforce<\/b>\n      <\/p>\n<p>Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Founded in 1999, Salesforce enables companies of every size and industry to take advantage of powerful technologies\u2014cloud, mobile, social, internet of things, artificial intelligence, voice and blockchain\u2014to create a 360-degree view of their customers. For more information about Salesforce (NYSE: CRM), visit: <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2991315-1&amp;h=2951537026&amp;u=http%3A%2F%2Fwww.salesforce.com%2F&amp;a=www.salesforce.com\" rel=\"nofollow noopener noreferrer\">www.salesforce.com<\/a><\/u>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF01528&amp;sd=2020-11-23\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/salesforce-grants-equity-awards-to-mobify-employees-under-its-inducement-equity-incentive-plan-301179212.html\">http:\/\/www.prnewswire.com\/news-releases\/salesforce-grants-equity-awards-to-mobify-employees-under-its-inducement-equity-incentive-plan-301179212.html<\/a><\/p>\n<p>SOURCE  Salesforce<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF01528&amp;Transmission_Id=202011231615PR_NEWS_USPR_____SF01528&amp;DateId=20201123\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SAN FRANCISCO, Nov. 23, 2020 \/PRNewswire\/ &#8212;\u00a0Salesforce (NYSE: CRM), the global leader in CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the &#8220;Plan&#8221;) to new employees who joined Salesforce in connection with the acquisition of Mobify Research and Development Inc. The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08. Mobify will provide Salesforce Commerce Cloud with a modern storefront solution that will allow brands to customize their commerce experiences faster and more frequently, deliver an enhanced shopping experience across any channel, and further increase conversion and revenue to drive success in the digital-first economy. Through the Plan, Mobify &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/salesforce-grants-equity-awards-to-mobify-employees-under-its-inducement-equity-incentive-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Salesforce Grants Equity Awards to Mobify Employees Under Its Inducement Equity Incentive Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387173","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Salesforce Grants Equity Awards to Mobify Employees Under Its Inducement Equity Incentive Plan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/salesforce-grants-equity-awards-to-mobify-employees-under-its-inducement-equity-incentive-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Salesforce Grants Equity Awards to Mobify Employees Under Its Inducement Equity Incentive Plan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN FRANCISCO, Nov. 23, 2020 \/PRNewswire\/ &#8212;\u00a0Salesforce (NYSE: CRM), the global leader in CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the &#8220;Plan&#8221;) to new employees who joined Salesforce in connection with the acquisition of Mobify Research and Development Inc. The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08. Mobify will provide Salesforce Commerce Cloud with a modern storefront solution that will allow brands to customize their commerce experiences faster and more frequently, deliver an enhanced shopping experience across any channel, and further increase conversion and revenue to drive success in the digital-first economy. 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