SEC Form 4 · accession 0001586253-16-000091
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
Aug 15, 2016
Accepted (ET)
Aug 16, 2016 · 4:37 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 | 104 | $45.27 | A | 104 | D | |
| Common Stock | Aug 15, 2016 | M | 42 | $46.77 | A | 146 | D | |
| Common Stock | Aug 15, 2016 | M | 191 | $36.97 | A | 337 | D | |
| Common Stock | Aug 15, 2016 | M | 225 | $36.97 | A | 562 | D | |
| Common Stock | Aug 15, 2016 | S | 562 | $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 | $36.97 | Aug 15, 2016 | M | 225 | D | — | Mar 8, 2023 | Common Stock | 225 | 1,319 | D |
| Non-Qualified Stock Option (right to buy)F2 | $36.97 | Aug 15, 2016 | M | 191 | D | — | Mar 8, 2023 | Common Stock | 191 | 766 | D |
| Non-Qualified Stock Option (right to buy)F3 | $45.27 | Aug 15, 2016 | M | 104 | D | — | Sep 4, 2024 | Common Stock | 104 | 417 | D |
| Non-Qualified Stock Option (right to buy)F4 | $46.77 | Aug 15, 2016 | M | 42 | D | — | Sep 13, 2023 | Common Stock | 42 | 167 | 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 September 25, 2015.
- F2When 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.
- 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.