William R. McDermott - May 14, 2021 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Signature
/s/ William R. McDermott by Russell S. Elmer, Attorney-in-Fact
Stock symbol
NOW
Transactions as of
May 14, 2021
Transactions value $
-$729,623
Form type
4
Date filed
5/17/2021, 05:11 PM
Previous filing
May 11, 2021
Next filing
May 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +3.2K +28.69% $0.00 14.3K May 14, 2021 Direct
transaction NOW Common Stock Tax liability -$730K -1.59K -11.06% $460.33 12.7K May 14, 2021 Direct F1
holding NOW Common Stock 3.6K May 14, 2021 by William R. McDermott 2020 GRAT

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 NOW Restricted Stock Units Options Exercise $0 -3.2K -6.67% $0.00 44.7K May 14, 2021 Common Stock 3.2K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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 (1/5) 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.