$ Value
$48.4M
Shares
69,384
Price
$698
Filed
Jul 28
Insider
Name
McDermott William R
Title
Chairman & CEO
CIK
0001334944
Roles
Transaction Details
Transaction Date
2025-07-24
Code
A
Table
Derivative
Ownership
Direct
Equity Swap
No
Shares After
346,920
Footnotes
As the Issuer has previously disclosed, on October 29, 2021, a Performance Stock Option (PSO) was granted to the Reporting Person. The Issuer also disclosed that there are eight separate tranches to the PSO and any tranche may vest only if both subscription revenue and stock price performance metrics are met, in addition to service requirements. The performance period ends September 30, 2026. On July 24, 2025, the Issuer's Compensation Committee certified achievement of the subscription revenue metric for Tranche Five of the PSO. Despite having met this performance metric, the shares for Tranche Five have not yet vested. They may vest, if at all, only if: (i) the achievement of the applicable stock price metric is certified; and (ii) the Reporting Person is either Chief Executive Officer or Executive Chairman of the Issuer on such vesting date. As of July 24, 2025, 277,536 of the options are fully vested and remain exercisable.
Filing Info
McDermott William R's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-11-17 | NOW | M | $0 |
| 2025-11-17 | NOW | F | $374K |
| 2025-11-17 | NOW | M | $0 |
| 2025-11-14 | NOW | M | $0 |
| 2025-11-14 | NOW | F | $574K |
| 2025-11-14 | NOW | M | $0 |
| 2025-11-12 | NOW | M | $0 |
| 2025-11-12 | NOW | F | $279K |
| 2025-11-12 | NOW | M | $0 |
| 2025-11-07 | NOW | M | $0 |
Other Insiders at NOW (90d)
No other insider activity at this issuer in the last 90 days.