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
  1. Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement.
  2. 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.
  3. 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.