Home > Insider Trading > Filing (0001373715-20-000217)

Filing Details

Accession Number:: 0001373715-20-000217
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-08-14 18:40:32
Reporting Period:: 2020-08-12

Accepted Time:: 2020-08-14 18:40:32
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2020-08-12	1,563	$81.41	27,420	No	4	M	Direct
Common Stock	Disposition	2020-08-12	1,563	$425.14	25,857	No	4	S	Direct
Common Stock	Acquisiton	2020-08-12	2,525	$0.00	28,382	No	4	M	Direct
Common Stock	Disposition	2020-08-12	1,252	$427.13	27,130	No	4	F	Direct
Common Stock	Acquisiton	2020-08-12	502	$0.00	27,632	No	4	M	Direct
Common Stock	Disposition	2020-08-12	249	$427.13	27,383	No	4	F	Direct
Common Stock	Disposition	2020-08-13	916	$427.86	26,467	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2020-08-12	1,563	$81.41	1,563	$81.41
Common Stock	Restricted Stock Units	Disposition	2020-08-12	2,525	$0.00	2,525	$0.00
Common Stock	Restricted Stock Units	Disposition	2020-08-12	502	$0.00	502	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
35,732	2027-01-17	No	4	M	Direct
15,147		No	4	M	Direct
5,019		No	4	M	Direct

Footnotes

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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.
The stock option grant shall be vested as to 1/4th of the total number of shares on December 12, 2017 and thereafter shall vest as to 1/48th of the total number of shares in equal monthly installments.
Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
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, subject to the reporting person's continued service to the Issuer on each vesting date.
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.