SEC Form 4 · accession 0001557593-16-000068
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Priscilla Hung
Officer — Chief Administrative Officer
Period of report
Aug 15, 2016
Accepted (ET)
Aug 16, 2016 · 4:39 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 | Aug 15, 2016 | M | 136 | $45.27 | A | 136 | D | |
| Common Stock | Aug 15, 2016 | M | 208 | $46.77 | A | 344 | D | |
| Common Stock | Aug 15, 2016 | M | 281 | $32.25 | A | 625 | D | |
| Common Stock | Aug 15, 2016 | M | 344 | $32.25 | A | 969 | D | |
| Common Stock | Aug 15, 2016 | S | 969 | $62.05 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F2 | $32.25 | Aug 15, 2016 | M | 344 | D | — | Sep 5, 2022 | Common Stock | 344 | 345 | D |
| Non-Qualified Stock Option (right to buy)F2 | $32.25 | Aug 15, 2016 | M | 281 | D | — | Sep 5, 2022 | Common Stock | 281 | 281 | D |
| Non-Qualified Stock Option (right to buy)F3 | $45.27 | Aug 15, 2016 | M | 136 | D | — | Sep 4, 2024 | Common Stock | 136 | 1,896 | D |
| Non-Qualified Stock Option (right to buy)F4 | $46.77 | Aug 15, 2016 | M | 208 | D | — | Sep 13, 2023 | Common Stock | 208 | 834 | D |
Explanation of responses
- F1Automatic option exercise and same day sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 23, 2015.
- F2When both ISO and NQ Stock Options granted on September 5, 2012 are combined, they vest over four years as follows: 1/48 of the underlying shares vest monthly following the vesting commencement date of September 5, 2012, subject to the Reporting Person's continuous service.
- F3When both ISO and NQ Stock Options granted on September 4, 2014 are combined, they vest over four years as follows: 1/48 of the underlying shares vest monthly following the vesting commencement date of September 4, 2014, subject to the Reporting Person's continuous service.
- F4When both ISO and NQ Stock Options granted on September 13, 2013 are combined, they vest over four years of continuous service as follows: 1/48th of the underlying shares vest monthly following the vesting commencement date of September 13, 2013.