William R. McDermott - 07 Nov 2023 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Signature
/s/ William R. McDermott by Russell S. Elmer, Attorney-in-Fact
Issuer symbol
NOW
Transactions as of
07 Nov 2023
Net transactions value
-$143,041
Form type
4
Filing time
09 Nov 2023, 17:22:22 UTC
Previous filing
10 Oct 2023
Next filing
14 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +468 $0.000000 468 07 Nov 2023 Direct
transaction NOW Common Stock Tax liability $143,041 -233 -50% $613.91 235 07 Nov 2023 Direct F1
holding NOW Common Stock 30,489 07 Nov 2023 by Trust 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 -468 -17% $0.000000 2,340 07 Nov 2023 Common Stock 468 Direct F3, 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 26,889 shares previously reported as held directly by the reporting person are now held indirectly by trust of which the reporting person and spouse are co-trustees and beneficiaries.
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 1/16th of the total shares quarterly, with the first vesting occurring on May 7, 2021, and subject to the continued service of the Reporting Person on each vesting date.