Form 4 for NOW ServiceNow
Accepted 2023-08-09 00:00:00 ET · period of report 2023-08-07 · accession 0001373715-23-000335 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-08-09 | 2023-08-07 | NOW | Mastantuono Gina | CFO | M - OptEx | $0.00 | +3,835 | 9,025 | +74% | $0 |
| DM | 2023-08-09 | 2023-08-07 | NOW | Mastantuono Gina | CFO | F - Tax | $554.89 | -1,903 | 8,937 | -18% | -$1.06M |
| DM | 2023-08-09 | 2023-08-08 | NOW | Mastantuono Gina | CFO | S - Sale+OE | $548.49 | -966 | 8,454 | -10% | -$529.8K |
| DM | 2023-08-09 | 2023-08-07 | NOW | Mastantuono Gina | CFO | M - OptEx | $0.00 | -3,835 | 1,053 | -78% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-07 | M | A | 3,659 | $0.00 | 10,664 | D | — | — | (F1) Includes 34 shares acquired under the Issuer's Employee Stock Purchase Plan on July 31, 2023. |
| 2 | Common | Common Stock | 2023-08-07 | F | D | 1,815 | $554.89 | 8,849 | D | — | — | (F2) 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. |
| 3 | Common | Common Stock | 2023-08-07 | M | A | 176 | $0.00 | 9,025 | D | — | — | |
| 4 | Common | Common Stock | 2023-08-07 | F | D | 88 | $554.89 | 8,937 | D | — | — | (F2) 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. |
| 5 | Common | Common Stock | 2023-08-08 | S | D | 483 | $550.00 | 7,971 | D | — | — | |
| 6 | Common | Common Stock | 2023-08-08 | S | D | 483 | $546.99 | 8,454 | D | — | — | |
| 7 | Derivative | Restricted Stock Units | 2023-08-07 | M | D | 3,659 | $0.00 | 3,660 | D | — · — to — | 3,659 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. (F5) 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. (F6) 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. |
| 8 | Derivative | Restricted Stock Units | 2023-08-07 | M | D | 176 | $0.00 | 1,053 | D | — · — to — | 176 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. (F7) 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. |