SEC Form 4 · accession 0001593806-17-000002

Guidewire Software, Inc. · GWRE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Business Officer

Period of report

Mar 10, 2017

Accepted (ET)

Mar 10, 2017 · 7:44 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	Mar 10, 2017	M	1,561	$45.80	A	2,361	D
Common Stock	Mar 10, 2017	M	281	$45.27	A	2,642	D
Common Stock	Mar 10, 2017	S	1,842	$58.00	D	800	D
Common Stock	holding	—	—		—	500	I	by Spouse

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	$45.80	Mar 10, 2017	M	396	D	—	Dec 5, 2023	Common Stock	396	1,787	D
Non-Qualified Stock Option (right to buy)^F3	$45.27	Mar 10, 2017	M	281	D	—	Sep 4, 2024	Common Stock	281	844	D
Non-Qualified Stock Option (right to buy)^F2	$45.80	Mar 10, 2017	M	1,165	D	—	Dec 5, 2023	Common Stock	1,165	5,246	D

F1Automatic option exercise and sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 22, 2016.
F2When 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.
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.