4//SEC Filing
Schneider David 4
Accession 0001373715-20-000123
CIK 0001373715other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 6:02 PM ET
Size
21.4 KB
Accession
0001373715-20-000123
Insider Transaction Report
Form 4
Schneider David
SVP WORLDWIDE SALES & SERVICES
Transactions
- Sale
Common Stock
2020-05-12$384.13/sh−1,835$704,879→ 35,460 total - Exercise/Conversion
Common Stock
2020-05-12+2,525→ 37,985 total - Tax Payment
Common Stock
2020-05-12$365.60/sh−1,327$485,151→ 36,658 total - Exercise/Conversion
Common Stock
2020-05-12+502→ 37,160 total - Tax Payment
Common Stock
2020-05-12$365.60/sh−264$96,518→ 36,896 total - Exercise/Conversion
Common Stock
2020-05-12+10,000→ 46,896 total - Tax Payment
Common Stock
2020-05-12$365.60/sh−5,255$1,921,228→ 41,641 total - Exercise/Conversion
Restricted Stock Units
2020-05-12−2,525→ 17,672 total→ Common Stock (2,525 underlying) - Exercise/Conversion
Restricted Stock Units
2020-05-12−502→ 5,521 total→ Common Stock (502 underlying) - Exercise/Conversion
Restricted Stock Units
2020-05-12−10,000→ 0 total→ Common Stock (10,000 underlying)
Holdings
- 190(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]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.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F4]Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 12, 2019 under the Issuer's 2012 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2019 until December 31, 2019, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 27, 2020. As a result, 33.3% of the shares subject to the restricted stock units will vest on February 12, 2020, and 8.3% of the shares subject to the restricted stock units will vest quarterly thereafter until February 12, 2022, subject to the reporting person's continued service to the Issuer on each vesting date.
- [F5]The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 12, 2019, and subject to the continued service of the Reporting Person on each vesting date.
- [F6]The restricted stock units vest quarterly in 16 equal installments beginning August 12, 2016, and subject to the continued service of the Reporting Person on each vesting date.
Documents
Issuer
ServiceNow, Inc.
CIK 0001373715
Entity typeother
Related Parties
1- filerCIK 0001402350
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 6:02 PM ET
- Size
- 21.4 KB