SEC Form 4 · accession 0001540041-19-000002
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
Jan 2, 2019
Accepted (ET)
Jan 3, 2019 · 6:25 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 StockF2 | Jan 2, 2019 | S | 4,700 | $78.1418 | D | 5,555 | D | |
| Common StockF3 | Jan 2, 2019 | S | 4,234 | $78.8059 | D | 1,321 | D | |
| Common Stock | Jan 2, 2019 | M | 10,000 | $3.92 | A | 11,321 | D | |
| Common StockF5 | Jan 2, 2019 | S | 3,600 | $78.1763 | D | 7,721 | D | |
| Common StockF6 | Jan 2, 2019 | S | 1,400 | $78.7008 | D | 6,321 | D | |
| Common StockF5 | Jan 2, 2019 | S | 3,707 | $78.1921 | D | 2,614 | D | |
| Common StockF6 | Jan 2, 2019 | S | 1,293 | $78.7009 | D | 1,321 | 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 | Jan 2, 2019 | M | 10,000 | D | — | Dec 21, 2019 | Common Stock | 10,000 | 34,033 | D |
Explanation of responses
- F1Automatic stock 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 $77.45 to $78.44 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.
- F3The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $78.45 to $79.34 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 option exercise and 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 $77.51 to $78.49 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 $78.51 to $78.95 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.