Salesforce.com 2015 Annual Report Download - page 110
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Common Stock
The following number of shares of common stock were reserved and available for future issuance at
January 31, 2015:
Options outstanding .............................. 29,458,361
Restricted stock awards and units outstanding ......... 23,144,008
Stock available for future grant:
2013 Equity Incentive Plan .................... 30,202,139
2014 Inducement Equity Incentive Plan .......... 587,399
2004 Employee Stock Purchase Plan ............ 2,849,542
Convertible senior notes .......................... 17,308,880
Warrants ...................................... 17,308,880
120,859,209
During fiscal years 2015, 2014 and 2013, certain board members received stock grants totaling 83,127
shares of common stock, 108,800 shares of common stock and 102,400 shares of common stock, respectively for
board services pursuant to the terms described in the 2013 Plan and previously, the 2004 Outside Directors Stock
Plan. The expense related to these awards, which was expensed immediately at the time of the issuance, totaled
$5.0 million, $4.5 million and $3.8 million for fiscal 2015, 2014 and 2013, respectively.
Preferred Stock
The Company’s board of directors has the authority, without further action by stockholders, to issue up to
5,000,000 shares of preferred stock in one or more series. The Company’s board of directors may designate the
rights, preferences, privileges and restrictions of the preferred stock, including dividend rights, conversion rights,
voting rights, terms of redemption, liquidation preference, sinking fund terms, and number of shares constituting
any series or the designation of any series. The issuance of preferred stock could have the effect of restricting
dividends on the Company’s common stock, diluting the voting power of its common stock, impairing the
liquidation rights of its common stock, or delaying or preventing a change in control. The ability to issue
preferred stock could delay or impede a change in control. As of January 31, 2015 and 2014, no shares of
preferred stock were outstanding.
8. Income Taxes
Effective Tax Rate
The domestic and foreign components of loss before provision for (benefit from) income taxes consisted of
the following (in thousands):
Fiscal Year Ended January 31,
2015 2014 2013
Domestic .................................. $(211,253) $(326,392) $ (90,743)
Foreign ................................... (1,832) (31,543) (37,051)
$(213,085) $(357,935) $(127,794)
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