SEC Form 4 · accession 0001540041-16-000055
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marcus Ryu
Officer — CEO and President · Director
Period of report
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 7:56 pm EDT
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 | Oct 3, 2016 | M | 7,086 | $7.50 | A | 20,000 | D | |
| Common StockF2 | Oct 3, 2016 | S | 2,086 | $60.4684 | D | 17,914 | D | |
| Common Stock | Oct 3, 2016 | S | 5,000 | $60.00 | D | 12,914 | D | |
| Common StockF2 | Oct 3, 2016 | S | 5,000 | $60.4763 | D | 7,914 | D | |
| Common StockF2 | Oct 3, 2016 | S | 5,000 | $60.4779 | D | 2,914 | D | |
| Common StockF4 | Oct 3, 2016 | S | 2,914 | $60.4842 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F5 | $7.50 | Oct 3, 2016 | M | 2,086 | D | — | Jul 21, 2021 | Common Stock | 2,086 | 100,597 | D |
| Non-Qualified Stock Option (right to buy)F5 | $7.50 | Oct 3, 2016 | M | 5,000 | D | — | Jul 21, 2021 | Common Stock | 5,000 | 95,597 | 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 April 14, 2016.
- F2The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $60.00 to $60.71 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.
- F3Automatic same-day sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 14, 2016.
- F4The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $60.00 to $60.72 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.
- F5When both ISO and NQ Stock Options granted on July 21, 2011 are combined, they vest over four years of continuous service as follows: 1/48th of the underlying shares vest monthly following the vesting commencement date of July 21, 2011.