Form 4 for NOW ServiceNow
Accepted 2024-11-19 00:00:00 ET · period of report 2024-11-15 · accession 0001373715-24-000403 · 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 | 2024-11-19 | 2024-11-15 | NOW | McDermott William R | COB, CEO, Dir | M - OptEx | $0.00 | +4,029 | 16.2K | +33% | $0 |
| DM | 2024-11-19 | 2024-11-15 | NOW | McDermott William R | COB, CEO, Dir | F - Tax | $1,011.39 | -2,167 | 14.9K | -13% | -$2.19M |
| DM | 2024-11-19 | 2024-11-15 | NOW | McDermott William R | COB, CEO, Dir | M - OptEx | $0.00 | -4,029 | 7,488 | -35% | $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 | 2024-11-15 | M | A | 832 | $0.00 | 15,314 | D | — | — | |
| 2 | Common | Common Stock | 2024-11-15 | F | D | 1,719 | $1,011.39 | 14,482 | D | — | — | (F1) 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 | 2024-11-15 | F | D | 448 | $1,011.39 | 14,866 | D | — | — | (F1) 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. |
| 4 | Common | Common Stock | 2024-11-15 | M | A | 3,197 | $0.00 | 16,201 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 3,197 | $0.00 | 0 | D | — · — to — | 3,197 Common Stock | (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 one-fifth (1/5th) of the total shares on November 15, 2020 and thereafter shall vest in 16 equal quarterly installments commencing on February 15, 2021, subject to the continued employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. For additional details about vesting conditions, please refer to the employment agreement between the Issuer and the Reporting Person. |
| 6 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 832 | $0.00 | 7,488 | D | — · — to — | 832 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. (F4) The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 17, 2023, and subject to the Reporting Person's continued service to the Issuer on each vesting date. |