Christopher Bedi - Aug 1, 2023 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Signature
/s/ Christopher Bedi by Russell S. Elmer, Attorney-in-Fact
Stock symbol
NOW
Transactions as of
Aug 1, 2023
Transactions value $
-$578,240
Form type
4
Date filed
8/3/2023, 04:06 PM
Previous filing
Jul 6, 2023
Next filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $75K +1K +7.07% $74.97 15.1K Aug 1, 2023 Direct F1, F2
transaction NOW Common Stock Sale -$578K -1K -6.6% $578.24 14.1K Aug 1, 2023 Direct F1

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 Employee Stock Option (Right to Buy) Options Exercise -$75K -1K -25% $74.97 3K Aug 1, 2023 Common Stock 1K $74.97 Direct F1, F3
* 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 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 29, 2022.
F2 Includes 20 shares acquired under the Issuer's Employee Stock Purchase Plan on July 31, 2023.
F3 This stock option grant is fully vested.