William R. McDermott - Nov 17, 2023 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Role
Chairman & CEO, Director
Signature
/s/ William R. McDermott by Russell S. Elmer, Attorney-in-Fact
Stock symbol
NOW
Transactions as of
Nov 17, 2023
Transactions value $
-$469,176
Form type
4
Date filed
11/21/2023, 04:58 PM
Previous filing
Nov 17, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +612 +28.48% $0.00 2.76K Nov 17, 2023 Direct
transaction NOW Common Stock Tax liability -$199K -304 -11.01% $654.36 2.46K Nov 17, 2023 Direct F1
transaction NOW Common Stock Options Exercise $0 +832 +33.86% $0.00 3.29K Nov 17, 2023 Direct
transaction NOW Common Stock Tax liability -$270K -413 -12.56% $654.36 2.88K Nov 17, 2023 Direct F1
holding NOW Common Stock 30.5K Nov 17, 2023 by Trust

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 -612 -50% $0.00 612 Nov 17, 2023 Common Stock 612 Direct F2, F3
transaction NOW Restricted Stock Units Options Exercise $0 -832 -7.14% $0.00 10.8K Nov 17, 2023 Common Stock 832 Direct F2, 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 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 17, 2020, and subject to the continued employment of the Reporting Person as CEO on each vesting date.
F4 The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 17, 2023, and subject to the Reporting Person's continued service to the Issuer on each vesting date.