SEC Form 4 · accession 0001256358-15-000008
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
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 6:11 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 | Feb 5, 2015 | M | 117 | $32.25 | A | 117 | D | |
| Common Stock | Feb 5, 2015 | M | 258 | $32.25 | A | 375 | D | |
| Common Stock | Feb 5, 2015 | M | 135 | $45.27 | A | 510 | D | |
| Common StockF2 | Feb 5, 2015 | S | 410 | $52.2485 | D | 100 | D | |
| Common Stock | Feb 5, 2015 | S | 100 | $52.95 | 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 | Feb 5, 2015 | M | 258 | D | — | Sep 5, 2022 | Common Stock | 258 | 5,684 | D |
| Non-Qualified Stock Option (right to buy)F3 | $32.25 | Feb 5, 2015 | M | 117 | D | — | Sep 5, 2022 | Common Stock | 117 | 1,442 | D |
| Non-Qualified Stock Option (right to buy)F4 | $45.27 | Feb 5, 2015 | M | 135 | D | — | Sep 4, 2024 | Common Stock | 135 | 4,605 | 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 $51.73 to $52.70 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 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.
- F4When both ISO and NQ Stock Options granted on September 4, 2014 are combined, they vest over four years as follows: 1/48 of the underlying shares vest monthly following the vesting commencement date of September 4, 2014, subject to the Reporting Person's continuous service.