Fay Sien Goon - 17 Aug 2021 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Reporting relationship: Principal Accounting Officer
Issuer ticker: NOW
Reported as of: 17 Aug 2021
Net transaction value: -$93,158
SEC form: 4
Accepted by SEC: 19 Aug 2021, 18:37:17 UTC
Prior SEC filing: 13 Aug 2021
Next SEC filing: 24 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ Fay Sien Goon by Russell S. Elmer, Attorney-in-Fact

Key filing fact

Fay Sien Goon filed Form 4 for ServiceNow, Inc. (NOW) on 19 Aug 2021.

Key facts

This page summarizes Fay Sien Goon's Form 4 filing for ServiceNow, Inc. (NOW).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 19 Aug 2021, 18:37.

Change

Previous filing in this sequence was filed on 13 Aug 2021.
Current net transaction value: -$93,158.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NOW transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +141
Change %: +2.7%
Price: $0.000000
Shares after: 5,457
Date: 17 Aug 2021
Ownership: Direct

NOW transaction

Common Stock

Tax liability

Transaction value: $40,757
Shares: -70
Change %: -1.3%
Price: $582.24
Shares after: 5,387
Date: 17 Aug 2021
Ownership: Direct
Footnotes: F1

NOW transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +180
Change %: +3.3%
Price: $0.000000
Shares after: 5,567
Date: 17 Aug 2021
Ownership: Direct

NOW transaction

Common Stock

Tax liability

Transaction value: $52,402
Shares: -90
Change %: -1.6%
Price: $582.24
Shares after: 5,477
Date: 17 Aug 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NOW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -141
Change %: -14%
Price: $0.000000
Shares after: 848
Date: 17 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 141
Exercise price
Footnotes: F2, F3

NOW transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -180
Change %: -9.1%
Price: $0.000000
Shares after: 1,807
Date: 17 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 180
Exercise price
Footnotes: F2, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

Footnote F3

Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 18, 2020 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2020 until December 31, 2020, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 26, 2021. As a result, 33.3% of the shares subject to the restricted stock units will vest on February 17, 2021, and 8.3% of the shares subject to the restricted stock units will vest quarterly thereafter until February 17, 2023, subject to the reporting person's continued service to the Issuer on each vesting date.

Footnote F4

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 service of the Reporting Person on each vesting date.