William R. McDermott - Aug 7, 2024 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
Aug 7, 2024
Transactions value $
-$412,981
Form type
4
Date filed
8/9/2024, 04:31 PM
Previous filing
Jun 14, 2024
Next filing
Aug 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOW Common Stock Options Exercise $0 +468 +18.03% $0.00 3.06K Aug 7, 2024 Direct
transaction NOW Common Stock Tax liability -$196K -252 -8.23% $776.28 2.81K Aug 7, 2024 Direct F1
transaction NOW Common Stock Options Exercise $0 +520 +18.5% $0.00 3.33K Aug 7, 2024 Direct
transaction NOW Common Stock Tax liability -$217K -280 -8.41% $776.28 3.05K Aug 7, 2024 Direct F1
holding NOW Common Stock 17.2K Aug 7, 2024 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 -468 -33.33% $0.00 936 Aug 7, 2024 Common Stock 468 Direct F2, F3
transaction NOW Restricted Stock Units Options Exercise $0 -520 -3.45% $0.00 14.5K Aug 7, 2024 Common Stock 520 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 7, 2021, and subject to the continued service of the Reporting Person on each vesting date.
F4 3.33% of the shares subject to the restricted stock units will vest on each of May 7, 2024, and August 7, 2024, 3.34% of the shares subject to the restricted stock units will vest on November 7, 2024, and the remaining 90% of the shares subject to the restricted stock units will vest quarterly beginning on February 7, 2025, and subject to the reporting person's continued service to the Issuer on each vesting date.