Filing Details

Accession Number:
0001373715-23-000369
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-15 16:23:41
Reporting Period:
2023-08-11
Accepted Time:
2023-08-15 16:23:41
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
1197952 S Russell Elmer C/O Servicenow, Inc.
2225 Lawson Lane
Santa Clara CA 95054
General Counsel 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 2023-08-11 1,129 $0.00 5,265 No 4 M Direct
Common Stock Disposition 2023-08-11 560 $557.44 4,705 No 4 F Direct
Common Stock Acquisiton 2023-08-11 136 $0.00 4,841 No 4 M Direct
Common Stock Disposition 2023-08-11 68 $557.44 4,773 No 4 F Direct
Common Stock Disposition 2023-08-14 637 $552.53 4,136 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 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2023-08-11 1,129 $0.00 1,129 $0.00
Common Stock Restricted Stock Units Disposition 2023-08-11 136 $0.00 136 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,140 No 4 M Direct
1,365 No 4 M Direct
Footnotes
  1. 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.
  2. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 21, 2023.
  3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
  4. 30% of the shares subject to the restricted stock units will vest on February 12, 2023, 15% of the shares subject to the restricted stock units will vest on each of August 12, 2023 and February 12, 2024, 20% of the shares subject to the restricted stock units will vest on August 12, 2024, and the final vest on February 12, 2025 of 20% of the shares subject to the restricted stock units is subject to adjustment based on the Issuer's 3-year relative total stockholder return performance against the S&P 500 index for the period from January 1, 2022 to December 31, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
  5. Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 15, 2022 under the Issuer's 2021 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2022 until December 31, 2022, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 23, 2023.
  6. The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 12, 2022, and subject to the continued service of the Reporting Person on each vesting date.