AI assistant
ServiceNow, Inc. — Director's Dealing 2024
Jan 24, 2024
29788_dirs_2024-01-24_75854f30-3cd1-4e7e-a058-2f6692053c6a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ServiceNow, Inc. (NOW)
CIK: 0001373715
Period of Report: 2024-01-22
Reporting Person: ELMER RUSSELL S (General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-22 | Restricted Stock Units | $ | A | 41 | Acquired | Common Stock (41) | Direct | |
| 2024-01-22 | Restricted Stock Units | $ | A | 12359 | Acquired | Common Stock (12359) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2: Additional shares scheduled to vest on February 7, 2024, pursuant to the terms of the performance-based restricted stock units ("RSUs") granted February 8, 2021, based on the Issuer's total shareholder return relative to the S&P 500 for the three years ended December 31, 2023, as determined by the Compensation Committee on January 22, 2024.
F3: Acquired upon achievement of certain performance criteria pursuant to the performance-based RSUs granted February 15, 2023, as determined by the Compensation Committee on January 22, 2024. Shares subject to the RSUs will vest as follows: 30% on February 17, 2024, 15% on each of August 17, 2024 and February 17, 2025, 20% on August 17, 2025, and 20% on February 17, 2026, with such final vesting subject to adjustment based on the Issuer's total shareholder return relative to the S&P 500 for the three years ended December 31, 2025. Such vestings are subject to the reporting person's continued service to the Issuer on each vesting date.