4//SEC Filing
Desai Chirantan Jitendra 4
Accession 0001373715-24-000128
CIK 0001373715other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 7:35 PM ET
Size
19.7 KB
Accession
0001373715-24-000128
Insider Transaction Report
Form 4
Desai Chirantan Jitendra
Chief Product Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-16+10,427→ 51,247 total - Exercise/Conversion
Common Stock
2024-02-16+499→ 46,673 total - Tax Payment
Common Stock
2024-02-16$765.00/sh−252$192,780→ 46,421 total - Tax Payment
Common Stock
2024-02-16$765.00/sh−182$139,230→ 46,174 total - Tax Payment
Common Stock
2024-02-16$765.00/sh−5,255$4,020,075→ 45,992 total - Exercise/Conversion
Common Stock
2024-02-16+364→ 46,356 total - Exercise/Conversion
Restricted Stock Units
2024-02-16−10,427→ 24,331 total→ Common Stock (10,427 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-16−364→ 0 total→ Common Stock (364 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-16−499→ 5,991 total→ Common Stock (499 underlying)
Footnotes (6)
- [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]Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted February 15, 2023 under the Issuer's 2021 Equity Incentive Plan. The performance period for the restricted stock units was January 1, 2023 until December 31, 2023, with achievement of the applicable performance criteria subject to determination by the Issuer's Compensation Committee. This determination was obtained on January 22, 2024.
- [F4]30% of the shares subject to the restricted stock units will vest on February 17, 2024, 15% of the shares subject to the restricted stock units will vest on each of August 17, 2024 and February 17, 2025, 20% of the shares subject to the restricted stock units will vest on August 17, 2025, and the final vest on February 17, 2026 of 20% of the shares subject to the restricted stock units is subject to adjustment based on the Issuer's 3-year relative total stockholder return performance against the S&P 500 index for the period from January 1, 2023 to December 31, 2025, 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 17, 2020, and subject to the continued service of the Reporting Person on each vesting date.
- [F6]The restricted stock units vest as to 1/16th of the total shares quarterly, with the first vesting occurring on May 17, 2023, and subject to the Reporting Person's continued service to the Issuer on each vesting date.
Documents
Issuer
ServiceNow, Inc.
CIK 0001373715
Entity typeother
Related Parties
1- filerCIK 0001661430
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 7:35 PM ET
- Size
- 19.7 KB