Filing Details
- Accession Number:
- 0001373715-20-000048
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-14 18:20:28
- Reporting Period:
- 2020-02-12
- Accepted Time:
- 2020-02-14 18:20:28
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1373715 | Servicenow Inc. | NOW | Services-Prepackaged Software (7372) | 202056195 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1769660 | Sien Fay Goon | C/O Servicenow, Inc. 2225 Lawson Lane Santa Clara CA 95054 | Principal Accounting Officer | No | Yes | No | No |
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 | 2020-02-12 | 568 | $0.00 | 3,388 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-12 | 215 | $349.80 | 3,173 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-12 | 625 | $0.00 | 3,798 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-12 | 217 | $349.80 | 3,581 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-12 | 263 | $0.00 | 3,844 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-12 | 91 | $349.80 | 3,753 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-12 | 66 | $0.00 | 3,819 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-12 | 23 | $349.80 | 3,796 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-12 | 188 | $0.00 | 3,984 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-13 | 103 | $350.01 | 3,881 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | 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 | 2020-02-12 | 568 | $0.00 | 568 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2020-02-12 | 625 | $0.00 | 625 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2020-02-12 | 263 | $0.00 | 263 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2020-02-12 | 66 | $0.00 | 66 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2020-02-12 | 188 | $0.00 | 188 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,137 | No | 4 | M | Direct | ||
| 3,750 | No | 4 | M | Direct | ||
| 3,163 | No | 4 | M | Direct | ||
| 922 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- Represents shares relinquished by the Reporting Person 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.
- Shares sold to cover tax obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its 2012 Equity Incentive Plan, and does not represent a discretionary trade by the Reporting Person.
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted August 12, 2019 under the Issuer's 2012 Equity Incentive Plan. The performanceperiod for the restricted stock units was January 1, 2019 until December 31, 2019, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 27, 2020. As a result, 33.3% of the shares subject to the restricted stock units will vest on February 12, 2020, and 8.3% of the shares subject to the restricted stock units will vest quarterly thereafter until February 12, 2022, and subject to the continued service of the Reporting Person on each vesting date.
- The restricted stock units vest as to 12.5% of the total shares on November 12, 2019 and thereafter shall vest in equal quarterly installments, ending on August 12, 2021, and subject to the continued service of the Reporting Person on each vesting date.
- The restricted stock units vest as to 18.75% of the total shares on November 12, 2019 and thereafter shall vest in equal quarterly installments over the next three (3) years, and subject to the continued service of the Reporting Person on each vesting date.
- The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vest occurring on November 12, 2019, and subject to the continued service of the Reporting Person on each vesting date.
- The restricted stock units vest as to one-forth (1/4th) of the total shares on February 12, 2017 and thereafter shall vest in equal quarterly installments over the next three (3) years, and subject to the continued service of the Reporting Person on each vesting date.
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