Home > Insider Trading > Filing (0001373715-21-000084)

Filing Details

Accession Number:: 0001373715-21-000084
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-19 17:33:36
Reporting Period:: 2021-02-17

Accepted Time:: 2021-02-19 17:33:36
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
1769660	Sien Fay Goon	C/O Servicenow, Inc. 2225 Lawson Lane Santa Clara CA 95054	Principal Accounting 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	2021-02-17	563	$0.00	3,930	No	4	M	Direct
Common Stock	Disposition	2021-02-17	235	$580.94	3,695	No	4	F	Direct
Common Stock	Acquisiton	2021-02-17	181	$0.00	3,876	No	4	M	Direct
Common Stock	Disposition	2021-02-17	90	$580.94	3,786	No	4	F	Direct
Common Stock	Acquisiton	2021-02-17	250	$0.00	4,036	No	4	M	Direct
Common Stock	Disposition	2021-02-18	139	$572.37	3,897	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	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	Restricted Stock Units	Acquisiton	2021-02-17	2,431	$0.00	2,431	$0.00
Common Stock	Restricted Stock Units	Disposition	2021-02-17	563	$0.00	563	$0.00
Common Stock	Restricted Stock Units	Disposition	2021-02-17	181	$0.00	181	$0.00
Common Stock	Restricted Stock Units	Disposition	2021-02-17	250	$0.00	250	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,431	No	4	A	Direct
1,130	No	4	M	Direct
2,168	No	4	M	Direct
0	No	4	M	Direct

Footnotes

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.
Shares sold to cover tax obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its 2012 Equity Incentive Plan, and does not represent a discretionary trade by the Reporting Person.
Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 7, 2021, and subject to the continued service of the Reporting Person on each vesting date.
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.
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.
The restricted stock units vest as to one-forth (1/4th) of the total shares on February 17, 2018 and thereafter shall vest in equal quarterly installments over the next three (3) years.