SEC Form 4 · accession 0001540041-17-000024
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
Jul 5, 2017
Accepted (ET)
Jul 6, 2017 · 4:41 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 | Jul 5, 2017 | M | 10,342 | $2.74 | A | 199,481 | D | |
| Common StockF2 | Jul 5, 2017 | S | 10,342 | $68.9142 | D | 189,139 | 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)F3 | $2.74 | Jul 5, 2017 | M | 10,342 | D | — | Aug 16, 2017 | Common Stock | 10,342 | 10,341 | 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, 2017.
- F2The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $68.36 to $69.10 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.
- F3This option fully vested on December 16, 2010 and is fully exercisable.