Filing Details
- Accession Number:
- 0001373715-14-000086
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-09 17:41:46
- Reporting Period:
- 2014-05-07
- Filing Date:
- 2014-05-09
- Accepted Time:
- 2014-05-09 17:41:46
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1373715 | Servicenow Inc. | NOW | Services-Prepackaged Software (7372) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1259158 | B Frederic Luddy | C/O Servicenow, Inc. 4810 Eastgate Mall San Diego CA 92121 | Chief Product Officer | Yes | Yes | No | No |
Transaction Summary
Sold: | 250,000 shares | Avg. Price: $46.77 | Total Value: $11,691,774.62 |
Number of Shares After Transactions: | 901,587 shares |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2014-05-07 | 250,000 | $0.00 | 1,151,587 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-05-07 | 119,256 | $46.56 | 1,032,331 | No | 4 | S | Direct | |
Common Stock | Disposition | 2014-05-08 | 130,744 | $46.96 | 901,587 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2014-05-07 | 250,000 | $0.00 | 250,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
500,000 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 52,800 | Indirect | by Spouse |
Common Stock | 50,000 | Indirect | by Spouse's Trust |
Common Stock | 1,070,000 | Indirect | by Luddy Family Dynasty Trust LLC |
Common Stock | 450,000 | Indirect | by Frederic B. Luddy CRT, LLC |
Common Stock | 6,623,838 | Indirect | by Frederic B. Luddy Family Trust |
Footnotes
- Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement.
- Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Company's equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- The restricted stock units vest as to 1/4th of the total shares on March 1, 2013 and thereafter shall vest as to 1/4th of the total number of shares in equal annual installments.