SEC Form 4 · accession 0001635563-17-000020
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
Sep 5, 2017
Accepted (ET)
Sep 5, 2017 · 6:53 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 | Sep 5, 2017 | M | 157 | $53.04 | A | 3,819 | D | |
| Common Stock | Sep 5, 2017 | M | 218 | $53.04 | A | 4,037 | D | |
| Common Stock | Sep 5, 2017 | S | 375 | $75.57 | D | 3,662 | 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 | Sep 5, 2017 | M | 157 | D | — | Mar 5, 2025 | Common Stock | 157 | 3,482 | D |
| Non-Qualified Stock Option (right to buy)F2 | $53.04 | Sep 5, 2017 | M | 218 | D | — | Mar 5, 2025 | Common Stock | 218 | 3,269 | 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 12, 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 March 5, 2015 and an additional 1/48th of the underlying shares vest monthly thereafter, subject to the Reporting Person's continuous service.