Gina Mastantuono - Oct 6, 2023 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Role
Chief Financial Officer
Signature
/s/ Gina Mastantuono by Russell S. Elmer, Attorney-in-Fact
Stock symbol
NOW
Transactions as of
Oct 6, 2023
Transactions value $
-$639,213
Form type
4
Date filed
10/10/2023, 05:03 PM
Previous filing
Aug 23, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +1.53K +17.53% $0.00 10.2K Oct 6, 2023 Direct
transaction NOW Common Stock Tax liability -$425K -758 -7.4% $560.72 9.49K Oct 6, 2023 Direct F1
transaction NOW Common Stock Sale -$107K -193 -2.03% $554.89 9.3K Oct 9, 2023 Direct F2
transaction NOW Common Stock Sale -$107K -193 -2.08% $554.89 9.1K Oct 9, 2023 Direct F2

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 -1.53K -49.97% $0.00 1.53K Oct 6, 2023 Common Stock 1.53K Direct F3, F4
* 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 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 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 28, 2023.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F4 The restricted stock units vest as to one-fourth (1/4th) of the total shares on January 8, 2021 and thereafter shall vest in equal quarterly installments over the next three (3) years, and subject to the continued service of the Reporting Person on each vesting date.