SEC Form 4 · accession 0001635563-16-000021
Guidewire Software, Inc. · GWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Hart
Officer — Chief Financial Officer
Period of report
Jun 23, 2016
Accepted (ET)
Jun 24, 2016 · 6:31 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 23, 2016 | M | 98 | $53.04 | A | 2,319 | D | |
| Common Stock | Jun 23, 2016 | M | 285 | $53.04 | A | 2,604 | D | |
| Common Stock | Jun 23, 2016 | M | 90 | $53.04 | A | 2,694 | D | |
| Common Stock | Jun 23, 2016 | S | 473 | $63.04 | D | 2,221 | 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 | Jun 23, 2016 | M | 90 | D | — | Mar 5, 2025 | Common Stock | 90 | 6,690 | D |
| Non-Qualified Stock Option (right to buy)F2 | $53.04 | Jun 23, 2016 | M | 98 | D | — | Mar 5, 2025 | Common Stock | 98 | 11,122 | D |
| Non-Qualified Stock Option (right to buy)F2 | $53.04 | Jun 23, 2016 | M | 285 | D | — | Mar 5, 2025 | Common Stock | 285 | 10,837 | 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 11, 2016.
- 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 March 5, 2015 and an additional 1/48th of the underlying shares vest monthly thereafter, subject to the Reporting Person's continuous service.