(SERV)

Role: President & COO, Director
Signature: /s/ Ali Kashani, as Attorney-in-Fact for Touraj Parang
Stock symbol: SERV
Transactions as of: Dec 5, 2024
Transactions value $: -$657,423
Form type: 4
Date filed: 12/9/2024, 06:05 PM
Previous filing: Nov 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SERV	Common Stock	Sale	-$7.79K	-815	-0.07%	$9.55	1.2M	Dec 5, 2024	Direct	F1, F2
transaction	SERV	Common Stock	Options Exercise	$9.79K	+11.4K	+0.95%	$0.86	1.21M	Dec 6, 2024	Direct
transaction	SERV	Common Stock	Options Exercise	$2.57K	+2.99K	+0.25%	$0.86	1.21M	Dec 6, 2024	Direct
transaction	SERV	Common Stock	Sale	-$12.4K	-1.1K	-0.09%	$11.33	1.21M	Dec 6, 2024	Direct	F3
transaction	SERV	Common Stock	Sale	-$55.6K	-4.53K	-0.37%	$12.27	1.21M	Dec 9, 2024	Direct	F1, F4, F5
transaction	SERV	Common Stock	Sale	-$594K	-45.5K	-3.76%	$13.06	1.16M	Dec 9, 2024	Direct	F1, F4, F6

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	SERV	Stock Option (right to buy)	Options Exercise	$0	-11.4K	-100%	$0.00	0	Dec 6, 2024	Common Stock	11.4K	$0.86	Direct	F7
transaction	SERV	Stock Option (right to buy)	Options Exercise	$0	-2.99K	-35.42%	$0.00	5.46K	Dec 6, 2024	Common Stock	2.99K	$0.86	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Represents shares of the Issuer's common stock sold to satisfy tax withholding obligations relating to the acquisition of shares of the Issuer's common stock in connection with the settlement of the vested portion of RSUs. Such sale was executed pursuant to provisions of a restricted stock unit agreement by and between the Issuer and the Reporting Person.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $9.55 to $9.56, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3	Represents shares of the Issuer's common stock sold to satisfy tax withholding obligations relating to the acquisition of shares of the Issuer's common stock incurred upon the above-reported exercise of options.
F4	Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on September 9, 2024.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $11.70 to $12.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.75 to $13.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7	The shares are fully vested.
F8	The stock option vested as to 1/48 of the total number of shares on July 1, 2023, and an additional 1/48 of the total number of shares will vest on each monthly anniversary thereafter, until such time as the stock option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.