| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NOW | Common Stock | Award | $0 | +598 | +90.61% | $0.00 | 1.26K | Jun 1, 2023 | Direct | F1 |
| transaction | NOW | Common Stock | Sale | -$360K | -660 | -52.46% | $546.00 | 598 | Jun 2, 2023 | Direct | F2 |
| holding | NOW | Common Stock | 136K | Jun 1, 2023 | by Frederic B. Luddy Family Trust | ||||||
| holding | NOW | Common Stock | 30.6K | Jun 1, 2023 | by Luddy Family Dynasty Trust LLC |
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).
| 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 August 22, 2022. |
EXHIBIT LIST: EX-24 FLuddy POA Apr 2023