SEC Form 4 · accession 0001256358-15-000002
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen Blasing
Officer — Chief Financial Officer
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 7:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528396
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 5, 2015 | M | 374 | $32.25 | A | 374 | D | |
| Common StockF2 | Jan 5, 2015 | S | 274 | $48.8783 | D | 100 | D | |
| Common Stock | Jan 5, 2015 | S | 100 | $49.62 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F3 | $32.25 | Jan 5, 2015 | M | 258 | D | — | Sep 5, 2022 | Common Stock | 258 | 5,942 | D |
| Non-Qualified Stock Option (right to buy)F3 | $32.25 | Jan 5, 2015 | M | 116 | D | — | Sep 5, 2022 | Common Stock | 116 | 1,559 | D |
Explanation of responses
- F1Automatic stock option exercise and same-day sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 10, 2013 and amended October 8, 2014.
- F2The sale price reported in column 4 of Table I represents the average sale price of the shares sold ranging from $48.54 to $49.43 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F3When both ISO and NQ Stock Options granted on September 5, 2012 are combined, they vest over four years of continuous service as follows: 1/48 of the underlying shares vest monthly following the vesting commencement date of September 5, 2012, subject to the Reporting Person's continuous service.