Lara Caimi - Feb 15, 2022 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Role
Chief Customer & Partner Ofc
Signature
/s/ Lara Caimi by Russell S. Elmer, Attorney-in-Fact
Stock symbol
NOW
Transactions as of
Feb 15, 2022
Transactions value $
$14,055,475
Form type
4
Date filed
2/17/2022, 07:51 PM
Previous filing
Feb 15, 2022
Next filing
Feb 22, 2022

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 Award $0 +2.18K $0.00 2.18K Feb 15, 2022 Common Stock 2.18K Direct F1, F2
transaction NOW Employee Stock Option (Right to Buy) Award $14.1M +23.8K $591.66 23.8K Feb 15, 2022 Common Stock 23.8K $591.66 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2 The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 12, 2022, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
F3 The shares subject to the option vest as to one-fifth (1/5) of the total shares on February 12, 2023 and thereafter shall vest as to one-sixtieth (1/60) of the total number of shares in 48 equal monthly installments, subject to the continued service of the Reporting Person on each vesting date and the Issuer's common stock reaching average closing prices for the 20 business day period ending on the trading day immediately prior to each vesting date of 25% greater than the exercise price during the first thirty months following February 12, 2022 and 50% greater than the exercise price during the second thirty months following February 12, 2022.