Filing Details
- Accession Number:
- 0001373715-16-000429
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-09 19:25:13
- Reporting Period:
- 2016-11-07
- Filing Date:
- 2016-11-09
- Accepted Time:
- 2016-11-09 19:25:13
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1373715 | Servicenow Inc. | NOW | Services-Prepackaged Software (7372) | 202056195 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1402351 | Daniel Mcgee | C/O Servicenow, Inc. 2225 Lawson Lane Santa Clara CA 95054 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-11-07 | 24,632 | $0.00 | 29,953 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-11-07 | 8,088 | $0.00 | 38,041 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-11-07 | 6,250 | $0.00 | 44,291 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-07 | 20,336 | $0.00 | 23,955 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2016-11-07 | 18,634 | $84.32 | 5,321 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2016-11-07 | 24,632 | $0.00 | 24,632 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2016-11-07 | 8,088 | $0.00 | 8,088 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2016-11-07 | 6,250 | $0.00 | 6,250 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 16,176 | No | 4 | M | Direct | ||
| 12,500 | No | 4 | M | Direct |
Footnotes
- Represents shares relinquished by the Reporting Person and cancelled by the Issuer 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.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- Represents the aggregate of sales effected on the same day at different prices pursuant to the 10b5-1 trading plan noted in footnote (1).
- Represents the weighted average sales price per share. The shares sold at prices ranging from $84.00 to $84.67 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- The restricted stock units were granted upon achievement of certain performance objectives pursuant to the performance-based restricted stock units granted February 7, 2014 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2014 until December 31, 2014, with vesting subject to approval of the performance calculation by the Issuer's Compensation Committee. This approval was obtained on January 27, 2015. As a result, 25% of the restricted stock units will vest on each of February 7, 2016, May 7, 2016, August 7, 2016 and November 7, 2016.
- The restricted stock units were granted upon achievement of certain performance objectives pursuant to the performance-based restricted stock units granted February 7, 2015 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2015 until December 31, 2015, with vesting subject to approval of the performance calculation by the Issuer's Compensation Committee. This approval was obtained on January 26, 2016. As a result, 25% of the restricted stock units will vest on each of August 7, 2016, November 7, 2016, February 7, 2017 and May 7, 2017.
- The restricted stock units vest quarterly in eight equal installments beginning August 7, 2015. Shares of the Issuer's common stock will be delivered to the reporting person upon vesting.
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