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ServiceNow, Inc. — Director's Dealing 2020
Nov 16, 2020
29788_dirs_2020-11-16_21c104b5-2724-4ba1-927c-10c92f7596ca.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: 2020-11-13
Reporting Person: McDermott William R (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-13 | Common Stock | M | 9989 | — | Acquired | 14388 | Direct |
| 2020-11-13 | Common Stock | F | 4861 | $508.01 | Disposed | 9527 | Direct |
| 2020-11-13 | Common Stock | M | 12785 | — | Acquired | 22312 | Direct |
| 2020-11-13 | Common Stock | F | 6339 | $508.01 | Disposed | 15973 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-13 | Restricted Stock Units | $ | M | 9989 | Disposed | Common Stock (9989.0) | Direct | |
| 2020-11-13 | Restricted Stock Units | $ | M | 12785 | Disposed | Common Stock (12785.0) | 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 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.
F4: 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 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.