Filing Details

Accession Number:
0001805719-20-000020
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 19:44:26
Reporting Period:
2020-03-15
Accepted Time:
2020-03-17 19:44:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1528396 Guidewire Software Inc. GWRE Services-Prepackaged Software (7372) 364468504
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1721294 P. Steven Sherry 2850 South Delaware St., Suite 400
San Mateo CA 94403
Chief Sales Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-03-15 6,032 $0.00 6,032 No 4 M Direct
Common Stock Disposition 2020-03-17 1,943 $79.85 4,089 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Shares Disposition 2020-03-15 250 $0.00 250 $0.00
Common Stock Performance Shares Disposition 2020-03-15 291 $0.00 291 $0.00
Common Stock Performance Shares Disposition 2020-03-15 359 $0.00 359 $0.00
Common Stock Restricted Stock Unit Disposition 2020-03-15 1,563 $0.00 1,563 $0.00
Common Stock Restricted Stock Unit Disposition 2020-03-15 406 $0.00 406 $0.00
Common Stock Restricted Stock Unit Disposition 2020-03-15 444 $0.00 444 $0.00
Common Stock Restricted Stock Unit Disposition 2020-03-15 531 $0.00 531 $0.00
Common Stock Restricted Stock Unit Disposition 2020-03-15 313 $0.00 313 $0.00
Common Stock Restricted Stock Unit Disposition 2020-03-15 1,250 $0.00 1,250 $0.00
Common Stock Restricted Stock Unit Disposition 2020-03-15 625 $0.00 625 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
535 2026-09-13 No 4 M Direct
4,197 2027-09-12 No 4 M Direct
6,349 2028-09-12 No 4 M Direct
0 2026-03-02 No 4 M Direct
813 2026-09-13 No 4 M Direct
2,663 2027-09-12 No 4 M Direct
5,313 2028-09-12 No 4 M Direct
3,750 2029-03-07 No 4 M Direct
6,250 2029-06-12 No 4 M Direct
8,750 2029-09-06 No 4 M Direct
Footnotes
  1. Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
  2. The grant consists of three separate issuances of Restricted Stock Units, each with vesting subject to the Reporting Person's continued service to the Issuer. The first is 6,500 units vesting as follows: 1/16th of the units vest quarterly commencing December 15, 2016. The second is 4,001 units, for which vesting was subject to the satisfaction of both performance-based conditions and time-based criteria. The performance-based conditions were deemed met and exceeded by the Issuer's Board of Directors, and the time-based vesting criteria are as follows: 1/4th of the units vested on September 15, 2017 and an additional 1/16th of the units will vest quarterly thereafter. The third previously described TSR grant has vested according to its terms and conditions.
  3. The grant consists of three separate issuances of Restricted Stock Units, each with vesting subject to the Reporting Person's continued service to the Issuer. The first is 7,100 units vesting as follows: 1/16th of the units vest quarterly commencing December 15, 2017. The second is 4,647 units, for which vesting was subject to the satisfaction of both performance-based conditions and time-based criteria. The performance-based conditions were deemed met and exceeded by the Issuer's Board of Directors, and the time-based vesting criteria are as follows: 1/4th of the units vested on September 15, 2018 and an additional 1/16th of the units will vest quarterly thereafter. The third consists of units for which vesting will be determined based on the Issuer's total shareholder return percentile ranking relative to a set peer group, over a three year period ending on July 31, 2020.
  4. The number of shares reported in Column 9 of Table II represents the 2017 Performance Stock Unit ("PSU") and the Total Shareholder Return ("TSR") grants less the number of PSU shares vested as of this Transaction Date.
  5. The grant consists of three separate issuances of Restricted Stock Units, each with vesting subject to the Reporting Person's continued service to the Issuer. The first is 8,500 units vesting as follows: 1/16th of the units vest quarterly commencing December 15, 2018. The second is 5,739 units, for which vesting was subject to the satisfaction of both performance-based conditions and time-based criteria. The performance-based conditions were deemed met and exceeded by the Issuer's Board of Directors, and the time-based vesting criteria are as follows: 1/4th of the units vested on September 15, 2019 and an additional 1/16th of the units will vest quarterly thereafter. The third consists of units for which vesting will be determined based on the Issuer's total shareholder return percentile ranking relative to a set peer group, over a three year period ending on July 31, 2021.
  6. The number of shares reported in Column 9 of Table II represents the 2018 Performance Stock Unit ("PSU") and the Total Shareholder Return ("TSR") grants less the number of PSU shares vested as of this Transaction Date.
  7. The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing June 15, 2016 subject to the Reporting Person's continued service to the Issuer through each such vesting date.
  8. The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing June 15, 2019, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
  9. The Restricted Stock Units vest as follows: 1/8th of the units vest quarterly commencing September 15, 2019, subject to the Reporting Person's continued service to the Issuer.
  10. The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing December 15, 2019, subject to the Reporting Person's continued service to the Issuer through each such vesting date.