SEC Form 4 · accession 0001540041-19-000006
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
Mar 1, 2019
Accepted (ET)
Mar 1, 2019 · 8:34 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 Stock | Mar 1, 2019 | M | 14,033 | $3.92 | A | 15,354 | D | |
| Common StockF2 | Mar 1, 2019 | S | 5,000 | $92.2073 | D | 10,354 | D | |
| Common StockF3 | Mar 1, 2019 | S | 5,000 | $92.2142 | D | 5,354 | D | |
| Common StockF4 | Mar 1, 2019 | S | 4,033 | $92.2003 | 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)F5 | $3.92 | Mar 1, 2019 | M | 14,033 | D | — | Dec 21, 2019 | Common Stock | 14,033 | 0 | 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 $91.80 to $92.70 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 $91.84 to $92.60 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 $91.82 to $92.60 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.