Form 4 for NOW ServiceNow
Accepted 2025-02-19 00:00:00 ET · period of report 2025-02-14 · accession 0001373715-25-000077 · 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 | 2025-02-19 | 2025-02-14 | NOW | McDermott William R | COB, CEO, Dir | F - Tax | $986.63 | -5,119 | 6,998 | -42% | -$5.05M |
| DM | 2025-02-19 | 2025-02-14 | NOW | McDermott William R | COB, CEO, Dir | M - OptEx | $0.00 | +9,522 | 7,446 | New | $0 |
| DM | 2025-02-19 | 2025-02-18 | NOW | McDermott William R | COB, CEO, Dir | S - Sale+OE | $986.64 | -384 | 6,614 | -5% | -$378.9K |
| DM | 2025-02-19 | 2025-02-14 | NOW | McDermott William R | COB, CEO, Dir | M - OptEx | $0.00 | -9,522 | 6,656 | -59% | $0 |
| D | 2025-02-19 | 2025-02-18 | NOW | McDermott William R | COB, CEO, Dir | A - Grant | $0.00 | +15.1K | 15.1K | New | $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 | 2025-02-14 | F | D | 4,671 | $986.63 | 6,614 | 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. |
| 2 | Common | Common Stock | 2025-02-14 | M | A | 8,690 | $0.00 | 11,285 | D | — | — | |
| 3 | Common | Common Stock | 2025-02-14 | M | A | 832 | $0.00 | 7,446 | D | — | — | |
| 4 | Common | Common Stock | 2025-02-14 | F | D | 448 | $986.63 | 6,998 | 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. |
| 5 | Common | Common Stock | 2025-02-18 | S | D | 180 | $985.43 | 6,818 | D | — | — | (F3) Represents the aggregate of sales effected on the same day at different prices. (F4) Represents the weighted average sales price per share. The shares sold at prices ranging from $985.25 to $985.69 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 6 | Common | Common Stock | 2025-02-18 | S | D | 204 | $987.71 | 6,614 | D | — | — | (F3) Represents the aggregate of sales effected on the same day at different prices. (F5) Represents the weighted average sales price per share. The shares sold at prices ranging from $987.705 to $988.00 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 7 | Derivative | Restricted Stock Units | 2025-02-14 | M | D | 8,690 | $0.00 | 23,172 | D | — · — to — | 8,690 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. (F7) 30% of the shares subject to the restricted stock units will vest on February 17, 2024, 15% of the shares subject to the restricted stock units will vest on each of August 17, 2024 and February 17, 2025, 20% of the shares subject to the restricted stock units will vest on August 17, 2025, and the final vest on February 17, 2026 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, 2023 to December 31, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. (F8) Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 15, 2023 under the Issuer's 2021 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2023 until December 31, 2023, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 22, 2024. |
| 8 | Derivative | Restricted Stock Units | 2025-02-18 | A | A | 15,057 | $0.00 | 15,057 | D | — · — to — | 15,057 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. (F10) The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting occurring on May 15, 2025, and subject to the Reporting Person's continued service to the Issuer on each vesting date. |
| 9 | Derivative | Restricted Stock Units | 2025-02-14 | M | D | 832 | $0.00 | 6,656 | D | — · — to — | 832 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. (F9) 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. |