Teresa Briggs - Jun 1, 2023 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Role
Director
Signature
/s/ Teresa Briggs by Russell S. Elmer, Attorney-in-Fact
Stock symbol
NOW
Transactions as of
Jun 1, 2023
Transactions value $
-$180,180
Form type
4
Date filed
6/5/2023, 06:47 PM
Previous filing
Jun 1, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Award $0 +598 +43.75% $0.00 1.97K Jun 1, 2023 Direct F1
transaction NOW Common Stock Sale -$180K -330 -16.79% $546.00 1.64K Jun 2, 2023 Direct F2
* 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 an award of restricted stock units ("RSUs"). 100% of the RSUs vest on the earlier of June 1, 2024 and the date of the Issuer's next annual stockholder meeting in 2024. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 1, 2023.

Remarks:

EXHIBIT LIST: EX-24 TBriggs POA Jan 2023