Filing Details

Accession Number:
0001784996-20-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-17 20:39:41
Reporting Period:
2020-09-15
Accepted Time:
2020-09-17 20:39:41
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
1784996 George Michael Rosenbaum 2850 South Delaware St., Suite 400
San Mateo CA 94403
Chief Executive Officer Yes 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 2020-09-15 28,646 $0.00 28,646 No 4 M Direct
Common Stock Disposition 2020-09-17 12,880 $105.29 15,766 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 2020-09-15 10,222 $0.00 10,222 $0.00
Common Stock Restricted Stock Unit Disposition 2020-09-15 18,424 $0.00 18,424 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
83,127 2029-09-06 No 4 M Direct
55,272 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 73,696 units vesting as follows: 1/16th of the units vest quarterly commencing December 15, 2019. The second is 40,887 units, for which vesting was subject to the satisfaction of both performance-based conditions and time-based criteria. Attainment regarding the performance-based conditions was determined by the Issuer's Board of Directors based on the Issuer's results for FYE July 31, 2020, and the time-based vesting criteria are as follows: 1/4th of the units vested on September 15, 2020 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, 2022.
  3. The number of shares reported in Column 9 of Table II represents the 2019 Performance Stock Unit ("PSU") and the Total Shareholder Return ("TSR") grants less the number of PSU shares vested as of this Transaction Date.