SEC Form 4 · accession 0001540041-18-000031
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 1, 2018
Accepted (ET)
Oct 2, 2018 · 7:35 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 1, 2018 | M | 5,000 | $3.92 | A | 21,098 | D | |
| Common StockF2 | Oct 1, 2018 | S | 3,000 | $100.1628 | D | 18,098 | D | |
| Common StockF3 | Oct 1, 2018 | S | 2,000 | $101.1033 | D | 16,098 | D | |
| Common StockF5 | Oct 1, 2018 | S | 11,222 | $99.9402 | D | 4,876 | D | |
| Common StockF6 | Oct 1, 2018 | S | 4,300 | $101.0421 | D | 576 | D | |
| Common Stock | Oct 1, 2018 | S | 300 | $101.71 | D | 276 | 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)F7 | $3.92 | Oct 1, 2018 | M | 5,000 | D | — | Dec 21, 2019 | Common Stock | 5,000 | 84,033 | 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 10, 2018.
- F2The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $99.76 to $100.65 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 $100.79 to $101.71 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.
- F4Automatic stock sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 10, 2018.
- F5The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $99.51 to $100.49 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.
- F6The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $100.55 to $101.44 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.
- F7This 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.