---
schema_version: "secwatch.filing_event.v1"
accession: "0001373715-21-000350"
form_type: "8-K"
ticker: "NOW"
cik: "0001373715"
company_name: "ServiceNow, Inc."
filed_at: "2021-12-17T23:59:59+00:00"
generated_at: "2026-06-28T00:03:25.461178+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ServiceNow grants $97.5M in performance-based stock options to senior leaders

## Summary
- Aggregate approximate award value of $97.5 million as of grant date if all performance conditions achieved.
- Awards are 100% performance-based with two metrics: stock price and subscription revenue; eight tranches with two-year cliff.
- Achievement of highest stock price metric implies stock price more than doubled, creating >$150B in incremental shareholder value.
- Performance period runs October 29, 2021 to September 30, 2026; shares cannot be sold until after that date.
- Grants align with CEO award granted October 29, 2021; exercise price set at closing price on December 13, 2021.

## SEC filing metadata
- accession: 0001373715-21-000350
- form_type: 8-K
- ticker: NOW
- cik: 0001373715
- company_name: ServiceNow, Inc.
- filed_at: 2021-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373715/000137371521000350/0001373715-21-000350-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373715/000137371521000350/now-20211213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373715-21-000350
- JSON: https://secwatch.observer/filing/0001373715-21-000350.json
- Plain text: https://secwatch.observer/filing/0001373715-21-000350.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.