SEC Form 4 · accession 0001586253-15-000015
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Winston King
Officer — General Counsel and Secretary
Period of report
Jun 8, 2015
Accepted (ET)
Jun 9, 2015 · 4:20 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 | Jun 8, 2015 | M | 192 | $36.97 | A | 192 | D | |
| Common Stock | Jun 8, 2015 | M | 226 | $36.97 | A | 418 | D | |
| Common StockF2 | Jun 8, 2015 | S | 418 | $50.8407 | 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)F3 | $36.97 | Jun 8, 2015 | M | 226 | D | — | Mar 8, 2023 | Common Stock | 226 | 4,473 | D |
| Non-Qualified Stock Option (right to buy)F3 | $36.97 | Jun 8, 2015 | M | 192 | D | — | Mar 8, 2023 | Common Stock | 192 | 3,444 | D |
Explanation of responses
- F1Automatic stock option exercise and same-day sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2013 and amended October 9, 2014.
- F2The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $50.45 to $51.24. 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.
- F3When both ISO and NQ Stock Options granted on March 8, 2013 are combined, they vest over four years of continuous service as follows: 25% of the underlying shares vest one year following the vesting commencement date of January 7, 2013 and 1/48th of the shares vesting monthly thereafter.