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ServiceNow's PRESIDENT & CEO just cashed-in 125,000 options

Frank Slootman, ServiceNow's PRESIDENT & CEO and a director of the company, recently cashed-in 125,000 options. The options were exercised at $2.60, while the disposals took place between $68.33 and $70.10 per share, on October 01, 2015. Slootman continues to hold 73,389 shares of the company. Slootman operates out of Santa Clara, CA. Some additional info was provided as follows:

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. Represents the aggregate of sales effected on the same day at different prices pursuant to the 10b5-1 trading plan noted in footnote (1). Represents the weighted average...