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Filing Details

Accession Number:: 0001373715-16-000365
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-05-09 17:40:43
Reporting Period:: 2016-05-05

Filing Date:: 2016-05-09
Accepted Time:: 2016-05-09 17:40:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1373715	Servicenow Inc.	NOW	()	4

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:	150,000 shares	Avg. Price: $67.39	Total Value: $10,107,882.31
Number of Shares After Transactions:	155,249 shares

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-05-05	55,973	$67.85	3,570,615	No	4	S	Indirect	by Frederic B. Luddy Family Trust
Common Stock	Disposition	2016-05-05	19,027	$68.45	3,551,588	No	4	S	Indirect	by Frederic B. Luddy Family Trust
Common Stock	Disposition	2016-05-06	33,165	$66.25	3,518,423	No	4	S	Indirect	by Frederic B. Luddy Family Trust
Common Stock	Disposition	2016-05-06	41,835	$67.18	3,476,588	No	4	S	Indirect	by Frederic B. Luddy Family Trust
Common Stock	Acquisiton	2016-05-06	32,842	$0.00	302,836	No	4	M	Direct
Common Stock	Disposition	2016-05-06	130,450	$0.00	172,386	No	4	F	Direct
Common Stock	Disposition	2016-05-06	17,137	$0.00	155,249	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	by Frederic B. Luddy Family Trust
No	4	S	Indirect	by Frederic B. Luddy Family Trust
No	4	S	Indirect	by Frederic B. Luddy Family Trust
No	4	S	Indirect	by Frederic B. Luddy Family Trust
No	4	M	Direct
No	4	F	Direct
No	4	F	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2016-05-06	32,842	$0.00	32,842	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
65,685		2016-11-07	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	650,000	Indirect	by Luddy Family Dynasty Trust LLC
Common Stock	19,000	Indirect	by Spouse
Common Stock	26,000	Indirect	by Spouse's Trust

Footnotes

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
Represents the aggregate of sales effected on the same day at different prices pursuant to the 10b5-1 trading plan noted in footnote (1).
Represents the weighted average sales price per share. The shares sold at prices ranging from $67.28 to $68.27 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Represents the weighted average sales price per share. The shares sold at prices ranging from $68.28 to $68.62 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Represents the weighted average sales price per share. The shares sold at prices ranging from $65.84 to $66.83 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Represents the weighted average sales price per share. The shares sold at prices ranging from $66.84 to $67.65 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Represents shares relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's payment of federal and state tax withholding obligations of the Reporting Person, in accordance with Rule 16b-3, resulting from the vesting of RSUs on March 1, 2016 which settled on a 1-for-1 basis on May 6, 2016.
Represents shares relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's payment of federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs, in accordance with Rule 16b-3.
Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
The restricted stock units were granted upon achievement of certain performance objectives pursuant to the performance-based restricted stock units granted February 7, 2014 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2014 until December 31, 2014, with vesting subject to approval of the performance calculation by the Issuer's Compensation Committee. This approval was obtained on January 27, 2015. As a result, 25% of the restricted stock units will vest on each of February 7, 2016, May 7, 2016, August 7, 2016 and November 7, 2016.