(SERV)

Role: Chief Executive Officer, Director
Signature: /s/ Ali Kashani
Stock symbol: SERV
Transactions as of: Dec 5, 2024
Transactions value $: -$407,945
Form type: 4
Date filed: 12/9/2024, 06:07 PM
Previous filing: Dec 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SERV	Common Stock	Sale	-$23.9K	-2.5K	-0.07%	$9.55	3.34M	Dec 5, 2024	Direct	F1, F2
transaction	SERV	Common Stock	Sale	-$31.1K	-3.14K	-0.09%	$9.92	3.33M	Dec 5, 2024	Direct	F1, F3
transaction	SERV	Common Stock	Options Exercise	$42.7K	+45.2K	+1.36%	$0.94	3.38M	Dec 6, 2024	Direct
transaction	SERV	Common Stock	Options Exercise	$381	+403	+0.01%	$0.94	3.38M	Dec 6, 2024	Direct
transaction	SERV	Common Stock	Sale	-$42.9K	-4.29K	-0.13%	$10.00	3.37M	Dec 6, 2024	Direct	F4
transaction	SERV	Common Stock	Sale	-$83.4K	-7.5K	-0.22%	$11.12	3.37M	Dec 6, 2024	Direct	F1, F5
transaction	SERV	Common Stock	Sale	-$236K	-20K	-0.59%	$11.79	3.35M	Dec 6, 2024	Direct	F6
transaction	SERV	Common Stock	Sale	-$33.8K	-2.5K	-0.07%	$13.52	3.34M	Dec 9, 2024	Direct	F1
holding	SERV	Common Stock						16.1K	Dec 5, 2024	By Spouse

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	-45.2K	-100%	$0.00	0	Dec 6, 2024	Common Stock	45.2K	$0.94	Direct	F7
transaction	SERV	Stock Option (right to buy)	Options Exercise	$0	-403	-3.22%	$0.00	12.1K	Dec 6, 2024	Common Stock	403	$0.94	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	Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on August 19, 2024.
F2	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 and RSAs. Such sale was executed pursuant to provisions of securities agreements by and between the Issuer and the Reporting Person.
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 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.
F4	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.
F5	The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.49 to $11.44, 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 purchased 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 purchased in multiple transactions at prices ranging from $11.59 to $11.99, 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 purchased at each separate price within the range set forth in this footnote.
F7	Stock Option is fully vested.
F8	The stock option vested as to 1/48 of the total number of shares on June 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.