SEC Form 4 · accession 0001540041-17-000020
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
Jun 1, 2017
Accepted (ET)
Jun 1, 2017 · 7:25 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 | Jun 1, 2017 | M | 20,000 | $3.92 | A | 201,775 | D | |
| Common StockF2 | Jun 1, 2017 | S | 5,000 | $66.8567 | D | 196,775 | D | |
| Common StockF3 | Jun 1, 2017 | S | 5,000 | $66.8532 | D | 191,775 | D | |
| Common StockF4 | Jun 1, 2017 | S | 5,000 | $66.8561 | D | 186,775 | D | |
| Common StockF4 | Jun 1, 2017 | S | 5,000 | $66.8559 | D | 181,775 | 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 | $3.92 | Jun 1, 2017 | M | 20,000 | D | — | Dec 21, 2019 | Common Stock | 20,000 | 139,033 | D |
Explanation of responses
- F1Automatic stock option exercise and 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 $66.36 to $67.30 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.
- F3The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $66.36 to $67.29 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.
- F4The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $66.36 to $67.27 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.
- F5This Stock Option vests over four years of continuous service as follows: 1/48th of the underlying shares vest monthly following the vesting commencement date of December 21, 2009.