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ServiceNow, Inc. — Director's Dealing 2019
Nov 19, 2019
29788_dirs_2019-11-19_5340b338-b50f-4a33-bbd6-9f40c2e7e2cc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ServiceNow, Inc. (NOW)
CIK: 0001373715
Period of Report: 2019-11-15
Reporting Person: WADORS PATRICIA L (Chief Talent Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-15 | Common Stock | M | 1148 | — | Acquired | 1274 | Direct |
| 2019-11-15 | Common Stock | F | 570 | $259.96 | Disposed | 704 | Direct |
| 2019-11-15 | Common Stock | M | 6451 | — | Acquired | 7155 | Direct |
| 2019-11-15 | Common Stock | F | 3199 | $259.96 | Disposed | 3956 | Direct |
| 2019-11-18 | Common Stock | S | 3956 | $258 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-15 | Restricted Stock Units | $ | M | 1148 | Disposed | Common Stock (1148.0) | Direct | |
| 2019-11-15 | Restricted Stock Units | $ | M | 6451 | Disposed | Common Stock (6451.0) | Direct |
Footnotes
F1: 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.
F2: Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3: The restricted stock units were granted upon achievement of certain performance objectives pursuant to the performance-based restricted stock units granted September 17, 2017 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2017 until December 31, 2017, with vesting subject to approval of the performance calculation by the Issuer's Compensation Committee. This approval was obtained on January 29, 2018. As a result, one-third (1/3) of the restricted stock units vested on February 17, 2018, and the remaining two-thirds (2/3) of the restricted stock units will vest in equal quarterly installments over eight (8) subsequent quarters.
F4: The restricted stock units vested as to one-twelfth (1/12th) of the total shares on November 17, 2017 and thereafter shall vest in equal quarterly installments over the next eleven (11) quarters.