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ServiceNow, Inc. — Director's Dealing 2019
Nov 20, 2019
29788_dirs_2019-11-20_b07eade4-4adb-4875-8e11-b1e559295638.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: 2019-11-18
Reporting Person: McDermott William R (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-18 | Restricted Stock Units | $ | A | 63925 | Acquired | Common Stock (63925.0) | Direct | |
| 2019-11-18 | Employee Stock Option (Right to Buy) | $266.31 | A | 160646 | Acquired | 2029-11-18 | Common Stock (160646.0) | Direct |
| 2019-11-18 | Restricted Stock Units | $ | A | 9989 | Acquired | Common Stock (9989.0) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2: The restricted stock units vest as to one-fifth (1/5) of the total shares on November 15, 2020 and thereafter shall vest in 16 equal quarterly installments commencing on February 15, 2021, subject to the continued employment of the Reporting Person as CEO on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. For additional details about vesting conditions, please refer to the employment agreement between the Issuer and the Reporting Person.
F3: Subject to the Issuer's common stock reaching certain specified average closing prices for the 20 business day period ending on the trading day immediately prior to each vesting date, the shares subject to the option vest as to one-fifth (1/5) of the total shares on November 15, 2020 and thereafter shall vest as to one-sixtieth (1/60) of the total number of shares in 48 equal monthly installments beginning on December 15, 2020, subject to the continued employment of the Reporting Person as CEO on each vesting date. For additional details about vesting conditions, please refer to the employment agreement between the Issuer and the Reporting Person.
F4: The restricted stock units vest as to one hundred percent (100%) of the total shares on November 15, 2020, subject to the continued employment of the Reporting Person as CEO on the vesting date. For additional details about vesting conditions, please refer to the employment agreement between the Issuer and the Reporting Person.