William R. McDermott - May 12, 2023 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Role
Chairman & CEO, Director
Signature
/s/ William R. McDermott by Russell S. Elmer, Attorney-in-Fact
Stock symbol
NOW
Transactions as of
May 12, 2023
Transactions value $
-$869,727
Form type
4
Date filed
5/16/2023, 08:09 PM
Previous filing
May 10, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +600 +3.84% $0.00 16.2K May 12, 2023 Direct
transaction NOW Common Stock Tax liability -$136K -298 -1.84% $455.20 15.9K May 12, 2023 Direct F1
transaction NOW Common Stock Options Exercise $0 +3.2K +20.07% $0.00 19.1K May 15, 2023 Direct
transaction NOW Common Stock Tax liability -$734K -1.59K -8.29% $463.14 17.5K May 15, 2023 Direct F1
holding NOW Common Stock 1.93K May 12, 2023 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 -600 -8.33% $0.00 6.6K May 12, 2023 Common Stock 600 Direct F2, F3
transaction NOW Restricted Stock Units Options Exercise $0 -3.2K -14.28% $0.00 19.2K May 15, 2023 Common Stock 3.2K Direct F2, F4
* 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 1/16th of the total shares quarterly, with the first vesting occurring on May 12, 2022, and subject to the continued service of the Reporting Person on each vesting date.
F4 The restricted stock units vest as to one-fifth (1/5th) 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.