SEC Form 4 · accession 0001634900-17-000008
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ali Kheirolomoom
Officer — Chief Product Officer
Period of report
May 25, 2017
Accepted (ET)
May 25, 2017 · 6:29 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 | May 25, 2017 | M | 5,321 | $53.04 | A | 5,585 | D | |
| Common Stock | May 25, 2017 | S | 5,321 | $65.00 | D | 264 | D | |
| Common Stock | May 25, 2017 | M | 4,241 | $53.04 | A | 4,505 | D | |
| Common Stock | May 25, 2017 | S | 4,241 | $65.00 | D | 264 | 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 | $53.04 | May 25, 2017 | M | 4,241 | D | — | Mar 5, 2025 | Common Stock | 4,241 | 3,299 | D |
| Non-Qualified Stock Option (right to buy)F2 | $53.04 | May 25, 2017 | M | 5,321 | D | — | Mar 5, 2025 | Common Stock | 5,321 | 4,139 | D |
Explanation of responses
- F1Automatic stock option exercise and sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 5, 2017.
- F2When both ISO and NQ Stock Options granted on March 5, 2015 are combined, they vest over four years as follows: 1/4th of the underlying shares vest on the one year anniversary of the vesting commencement date of December 8, 2014 and an additional 1/48th of the underlying shares vest monthly thereafter, subject to the Reporting Person's continuous service.