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

Role
Chief Commercial Officer
Signature
/s/ Paul John Smith by Russell S. Elmer, Attorney-in-Fact
Issuer symbol
NOW
Transactions as of
07 May 2024
Net transactions value
-$136,568
Form type
4
Filing time
09 May 2024, 16:55:21 UTC
Previous filing
28 Feb 2024
Next filing
14 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +41 +1.4% $0.000000 2,894 07 May 2024 Direct
transaction NOW Common Stock Options Exercise $0 +283 +9.8% $0.000000 3,177 07 May 2024 Direct
transaction NOW Common Stock Options Exercise $0 +23 +0.72% $0.000000 3,200 07 May 2024 Direct
transaction NOW Common Stock Sale $136,568 -190 -5.9% $718.78 3,010 08 May 2024 Direct F1

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 -41 -25% $0.000000 122 07 May 2024 Common Stock 41 Direct F2, F3
transaction NOW Restricted Stock Units Options Exercise $0 -283 -3.3% $0.000000 8,212 07 May 2024 Common Stock 283 Direct F2, F4
transaction NOW Restricted Stock Units Options Exercise $0 -23 -20% $0.000000 92 07 May 2024 Common Stock 23 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 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.
F4 3.33% of the shares subject to the restricted stock units will vest on each of May 7, 2024, and August 7, 2024, 3.34% of the shares subject to the restricted stock units will vest on November 7, 2024, and the remaining 90% of the shares subject to the restricted stock units will vest quarterly beginning on February 7, 2025, and subject to the reporting person's continued service to the Issuer on each vesting date.
F5 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.