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ServiceNow, Inc. — Director's Dealing 2019
Mar 7, 2019
29788_dirs_2019-03-07_2886b2ed-0880-4d7a-b360-400593afc81d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: ServiceNow, Inc. (NOW)
CIK: 0001373715
Period of Report: 2019-03-01
Reporting Person: Goon Fay Sien (Principal Accounting Officer)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (2455.0) | Direct | ||
| Restricted Stock Units | $ | Common Stock (1250.0) | Direct | ||
| Restricted Stock Units | $ | Common Stock (2000.0) | Direct | ||
| Restricted Stock Units | $ | Common Stock (750.0) | Direct |
Footnotes
F1: Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 7, 2018 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2018 until December 31, 2018, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 28, 2019. As a result, 33.3% of the shares subject to the restricted stock units will vest on February 7, 2019, and 8.3% of the shares subject to the restricted stock units will vest quarterly thereafter until February 7, 2021.
F2: Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3: The restricted stock units vest as to 1/8th of the total shares quarterly, with the first vesting occurring on November 17, 2017, and subject to the continued service of the Reporting Person on each vesting date.
F4: 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.
F5: The restricted stock units vest as to one-forth (1/4th) of the total shares on February 12, 2017 and thereafter shall vest in equal quarterly installments over the next three (3) years.