SEC Form 4 · accession 0001593806-15-000024
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Roza
Officer — Chief Customer Officer
Period of report
Nov 16, 2015
Accepted (ET)
Nov 18, 2015 · 5:49 pm EST
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 | Nov 16, 2015 | M | 599 | $45.80 | A | 1,399 | D | |
| Common StockF2 | Nov 16, 2015 | S | 599 | $56.682 | D | 800 | D | |
| Common Stock | Nov 16, 2015 | M | 182 | $45.80 | A | 982 | D | |
| Common StockF2 | Nov 16, 2015 | S | 182 | $56.682 | D | 800 | D | |
| Common Stock | holding | — | — | — | 500 | I | by Spouse |
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 | $45.80 | Nov 16, 2015 | M | 182 | D | — | Dec 5, 2023 | Common Stock | 182 | 4,548 | D |
| Non-Qualified Stock Option (right to buy)F3 | $45.80 | Nov 16, 2015 | M | 599 | D | — | Dec 5, 2023 | Common Stock | 599 | 14,203 | D |
Explanation of responses
- F1Automatic option exercise and sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person on October 10, 2014 and amended April 10, 2015.
- F2The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $56.36 to $57.10 per share. 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 December 5, 2013 are combined, they vest over four years of continuous service as follows: 1/4th of the underlying shares vest on the one year anniversary of the vesting commencement date of November 15, 2013 and an additional 1/48th of the underlying shares vest monthly thereafter.