Paul John Smith - 07 Feb 2024 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Signature
/s/ Paul John Smith by Russell S. Elmer, Attorney-in-Fact
Issuer symbol
NOW
Transactions as of
07 Feb 2024
Transactions value $
$-400,006
Form type
4
Filing time
09 Feb 2024, 16:08:21 UTC
Previous filing
08 Feb 2024
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +862 +2102% $0.000000 903 07 Feb 2024 Direct F1
transaction NOW Common Stock Options Exercise $0 +40 +4.43% $0.000000 943 07 Feb 2024 Direct
transaction NOW Common Stock Options Exercise $0 +23 +2.44% $0.000000 966 07 Feb 2024 Direct
transaction NOW Common Stock Sale $-400,006 -503 -52.1% $795.24 463 08 Feb 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NOW Restricted Stock Units Options Exercise $0 -862 -100% $0.000000* 0 07 Feb 2024 Common Stock 862 Direct F3, F4, F5
transaction NOW Restricted Stock Units Options Exercise $0 -40 -19.7% $0.000000 163 07 Feb 2024 Common Stock 40 Direct F3, F6
transaction NOW Restricted Stock Units Options Exercise $0 -23 -16.7% $0.000000 115 07 Feb 2024 Common Stock 23 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 41 shares acquired under the Issuer's Employee Stock Purchase Plan on January 31, 2024.
F2 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 and 2021 Equity Incentive Plans, and does not represent a discretionary trade by the Reporting Person.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F4 30% of the shares subject to the restricted stock units will vest on February 7, 2022, 15% of the shares subject to the restricted stock units will vest on each of August 7, 2022 and February 7, 2023, 20% of the shares subject to the restricted stock units will vest on August 7, 2023, and the final vest on February 7, 2024 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, 2021 to December 31, 2023, subject to the reporting person's continued service to the Issuer on each vesting date.
F5 Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 8, 2021 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2021 until December 31, 2021, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 24, 2022.
F6 The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 7, 2021, and subject to the continued service of the Reporting Person on each vesting date.
F7 The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on August 7, 2021, and subject to the continued service of the Reporting Person on each vesting date.