SEC Form 4 · accession 0001557593-18-000014
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Priscilla Hung
Officer — Chief Operating Officer
Period of report
Apr 4, 2018
Accepted (ET)
Apr 5, 2018 · 4:25 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 | Apr 4, 2018 | M | 135 | $45.27 | A | 3,714 | D | |
| Common Stock | Apr 4, 2018 | S | 135 | $77.37 | D | 3,579 | 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 | $45.27 | Apr 4, 2018 | M | 135 | D | — | Sep 4, 2024 | Common Stock | 135 | 678 | D |
Explanation of responses
- F1Automatic option exercise and sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 10, 2017.
- F2When 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.