Filing Details

Accession Number:
0001373715-20-000052
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-14 18:26:54
Reporting Period:
2020-02-12
Accepted Time:
2020-02-14 18:26:54
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
1661430 Jitendra Chirantan Desai C/O Servicenow, Inc.
2225 Lawson Lane
Santa Clara CA 95054
Chief Product 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 2020-02-12 10,097 $0.00 48,476 No 4 M Direct
Common Stock Disposition 2020-02-12 5,007 $349.80 43,469 No 4 F Direct
Common Stock Acquisiton 2020-02-12 502 $0.00 43,971 No 4 M Direct
Common Stock Disposition 2020-02-12 249 $349.80 43,722 No 4 F Direct
Common Stock Disposition 2020-02-13 3,206 $347.50 40,516 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F 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 2020-02-12 10,097 $0.00 10,097 $0.00
Common Stock Restricted Stock Units Disposition 2020-02-12 502 $0.00 502 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,197 No 4 M Direct
6,023 No 4 M Direct
Footnotes
  1. 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.
  2. This transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
  4. Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 12, 2019 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2019 until December 31, 2019, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 27, 2020. As a result, 33.3% of the shares subject to the restricted stock units will vest on February 12, 2020, and 8.3% of the shares subject to the restricted stock units will vest quarterly thereafter until February 12, 2022, and subject to the continued service of the Reporting Person on each vesting date.
  5. The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 12, 2019, and subject to the continued service of the Reporting Person on each vesting date.