SEC Form 4 · accession 0001373715-18-000113
ServiceNow, Inc. · NOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia L Wadors
Officer — Chief Talent Officer
Period of report
May 17, 2018
Accepted (ET)
May 21, 2018 · 8:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001373715
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 17, 2018 | M | 6,452 | $0.00 | A | 6,452 | D | |
| Common StockF1 | May 17, 2018 | F | 3,199 | $0.00 | D | 3,253 | D | |
| Common Stock | May 17, 2018 | M | 1,148 | $0.00 | A | 4,401 | D | |
| Common StockF1 | May 17, 2018 | F | 570 | $0.00 | D | 3,831 | D | |
| Common Stock | May 18, 2018 | S | 3,831 | $173.199 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | May 17, 2018 | M | 6,452 | D | — | — | Common Stock | 6,452 | 58,063 | D |
| Restricted Stock UnitsF2,F4 | — | May 17, 2018 | M | 1,148 | D | — | — | Common Stock | 1,148 | 8,036 | D |
Explanation of responses
- F1Represents shares relinquished by the Reporting Person and cancelled by the Issuer 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.
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3The restricted stock units vest 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.
- F4The 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.