Friday, Salesforce.com (CRM), a provider of customer relationship management services, reported that it granted equity awards to buy a total of 124,050 shares of its common stock under its 2006 inducement equity incentive plan to 35 non-executive employees in connection with the acquired InStranet, Inc.
The San Francisco, California-based company said that on September 9, it has granted 2 options to its French employees to purchase a total of 29,250 shares at an exercise price of $57.20.
On September 23, the company granted 22 options to its French employees to purchase 37,300 shares at an exercise price of $52.43 under the terms and conditions of the Plan's French Sub-Plan. The company also granted 11 options to its employees outside of France to purchase 57,500 shares at an exercise price of $52.23 under the terms and conditions of the Plan.
The company said that all of the stock options were granted on 5 year term and vesting over 4 years with 25% of the shares vesting on the first anniversary of the grant date and the remaining vesting thereafter in 36 equal monthly installments.
In addition, Salesforce.com said that it has also granted or would grant a total of 41,316 restricted stock units or RSUs to 40 non-executive employees. The company made 2 awards for a total of 5,249 RSUs on August 23 and plans to make 38 additional awards for a total of 36,067 RSUs in November.
The company noted that terms of the RSUs For employees in France are 5 year term and vesting over 4 years with 50% of the RSUs vesting on the second anniversary of the grant date and the balance vesting quarterly thereafter in 8 equal installments.
The company also noted that for employees outside France, the terms of the RSUs are 5-year term and vesting over 4 years with of 25% of the RSUs vesting on the first anniversary of the grant date and the balance vesting quarterly thereafter in 12 equal installments.
CRM closed Friday's regular trading session at $50.65, down $1.39 or 2.67%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.