SEC Form 4 · accession 0001635563-17-000035
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
Dec 11, 2017
Accepted (ET)
Dec 12, 2017 · 6:03 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 | Dec 11, 2017 | M | 751 | $53.04 | A | 4,776 | D | |
| Common Stock | Dec 11, 2017 | S | 751 | $72.7931 | D | 4,025 | D | |
| Common Stock | Dec 11, 2017 | S | 363 | $72.8101 | 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)F3 | $53.04 | Dec 11, 2017 | M | 315 | D | — | Mar 5, 2025 | Common Stock | 315 | 3,010 | D |
| Non-Qualified Stock Option (right to buy)F3 | $53.04 | Dec 11, 2017 | M | 436 | D | — | Mar 5, 2025 | Common Stock | 436 | 2,615 | 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 as amended on October 10, 2017.
- F2Automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 12, 2017 and amended October 10, 2017.
- F3When 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.