SEC Form 4 · accession 0001557593-17-000030
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Priscilla Hung
Officer — Chief Operations Officer
Period of report
Jul 13, 2017
Accepted (ET)
Jul 13, 2017 · 8:21 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 13, 2017 | M | 208 | $46.77 | A | 1,366 | D | |
| Common Stock | Jul 13, 2017 | S | 208 | $70.62 | D | 1,158 | 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 | $46.77 | Jul 13, 2017 | M | 208 | D | — | Sep 13, 2023 | Common Stock | 208 | 417 | D |
Explanation of responses
- F1Automatic option exercise and sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 23, 2015 and amended January 13, 2017.
- F2When 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.