Filing Details

Accession Number:
0001540041-20-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-17 21:36:17
Reporting Period:
2020-12-15
Accepted Time:
2020-12-17 21:36:17
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
1540041 Marcus Ryu 2850 South Delaware St., Suite 400
San Mateo CA 94403
Yes No 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 2020-12-15 5,393 $0.00 23,390 No 4 M Direct
Common Stock Acquisiton 2020-12-15 1,848 $0.00 25,238 No 4 A Direct
Common Stock Disposition 2020-12-17 2,724 $125.10 22,514 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 A 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 2020-12-15 3,416 $0.00 3,416 $0.00
Common Stock Restricted Stock Unit Disposition 2020-12-15 1,977 $0.00 1,977 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,424 2027-09-12 No 4 M Direct
5,933 2027-09-12 No 4 M Direct
Footnotes
  1. Exempt grant of restricted stock units (RSUs) that represent the contingent right to receive one share of the Issuer's common stock for each RSU granted. The RSUs shall vest fully on December 15, 2021 provided the Reporting Person is still providing service to the Company. However, if the Reporting Person's term of board service ends at the next annual meeting of stockholders and the Reporting Person does not stand for reelection but remains in service through such annual meeting of stockholders, then the Reporting Person shall vest in all underlying shares at the time of the next annual stockholder meeting if such meeting occurs before December 15, 2021.
  2. Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
  3. The grant consists of four separate issuances of Restricted Stock Units, each with vesting subject to the Reporting Person's continued service to the Issuer. The first is 31,638 units vesting as follows: 1/16th of the units vest quarterly commencing December 15, 2017. The second is 54,668 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.
  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 and TSR shares vested as of this Transaction Date.