Lara Caimi - 09 May 2023 Form 4 Insider Report for ServiceNow, Inc. (NOW)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 May 2023, 17:14:14 UTC
Prior SEC filing
09 May 2023
Next SEC filing
16 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lara Caimi by Russell S. Elmer, Attorney-in-Fact

Key filing fact

Lara Caimi filed Form 4 for ServiceNow, Inc. (NOW) on 10 May 2023.

Key facts

  • This page summarizes Lara Caimi's Form 4 filing for ServiceNow, Inc. (NOW).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 10 May 2023, 17:14.

Change

  • Previous filing in this sequence was filed on 09 May 2023.
  • Current net transaction value: +$2,568,005.

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 derivative securities

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

NOW transaction Derivative

Employee Stock Option (Right to Buy)

Award

Transaction value
$2,568,005
Shares
+3,915
Change %
+100%
Price
$655.94
Shares after
7,830
Date
09 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,915
Exercise price
$655.94
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Lara Caimi is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

As the Issuer has previously disclosed, on Dec. 13, 2021, a Performance Stock Option ("PSO") was granted to the Reporting Person. The Issuer also disclosed that there are eight separate tranches to the PSO and any tranche may vest only if both subscription revenue and stock price performance metrics are met, in addition to service requirements. The performance period in which the performance targets may be met is from Oct. 29, 2021 to and including Sept. 30, 2026. On May 9, 2023, the Issuer's Compensation Committee certified achievement of the subscription revenue metric for Tranche Two of the PSO. Despite having met this performance metric, the shares for Tranche One and Tranche Two have not yet vested. They may vest, if at all, only if: (i) the achievements of the stock price metrics for Tranche One and Tranche Two are certified; and (ii) the Reporting Person serves as an employee of the Issuer on such vesting date and further provided that no vesting may occur before Dec. 13, 2023.

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