Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOW | Restricted Stock Units | Award | $0 | +107 | +1.75% | $0.00 | 6.21K | Jan 22, 2024 | Common Stock | 107 | Direct | F1, F2 | |
transaction | NOW | Restricted Stock Units | Award | $0 | +34.8K | $0.00 | 34.8K | Jan 22, 2024 | Common Stock | 34.8K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. |
F2 | Additional shares scheduled to vest on February 7, 2024, pursuant to the terms of the performance-based restricted stock units ("RSUs") granted February 8, 2021, based on the Issuer's total shareholder return relative to the S&P 500 for the three years ended December 31, 2023, as determined by the Compensation Committee on January 22, 2024. |
F3 | Acquired upon achievement of certain performance criteria pursuant to the performance-based RSUs granted February 15, 2023, as determined by the Compensation Committee on January 22, 2024. Shares subject to the RSUs will vest as follows: 30% on February 17, 2024, 15% on each of August 17, 2024 and February 17, 2025, 20% on August 17, 2025, and 20% on February 17, 2026, with such final vesting subject to adjustment based on the Issuer's total shareholder return relative to the S&P 500 for the three years ended December 31, 2025. Such vestings are subject to the reporting person's continued service to the Issuer on each vesting date. |