Filing Details

Accession Number:
0001528396-22-000063
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-17 18:19:36
Reporting Period:
2022-06-15
Accepted Time:
2022-06-17 18:19:36
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
1557593 Priscilla Hung C/O Guidewire Software, Inc.
2850 South Delaware Street, Suite 400
San Mateo CA 94403
President & Coo 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 2022-06-15 379 $0.00 21,881 No 4 M Direct
Common Stock Acquisiton 2022-06-15 342 $0.00 40,666 No 4 M Direct
Common Stock Disposition 2022-06-17 1,718 $72.18 38,948 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 2022-06-15 379 $0.00 379 $0.00
Common Stock Performance Shares Disposition 2022-06-15 342 $0.00 342 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
380 2028-09-12 No 4 M Direct
1,709 2029-09-06 No 4 M Direct
Footnotes
  1. The reported transaction involves the acquisition of vested performance shares. The Reporting Person previously reported certain prior awards of restricted stock units in Table II of Form 4. The total reported in Column 5 includes (i) 721 shares from performance shares that vested on 6/15/2022, and (ii) 18,443 restricted stock units previously reported in Table II.
  2. Shares sold by Issuer to cover taxes associated with settlement of restricted stock units.
  3. On September 12, 2018, the Reporting Person was granted a target of 5,400 shares covered by restricted stock units with performance- and time-based vesting requirements. On September 6, 2019, the Compensation Committee of the Board of Directors determined that 112.5% of the performance-based conditions were met resulting in an additional 673 shares earned by the Reporting Person. The time-based vesting is: 1/4th on September 15, 2019, and 1/16th quarterly thereafter, subject to the Reporting Person's continued service to the Issuer.
  4. On September 6, 2019, the Reporting Person was granted a target of 7,500 shares covered by restricted stock units with performance- and time-based vesting requirements. On September 9, 2020, the Compensation Committee of the Board of Directors determined that 73% of the performance-based conditions were met resulting in a reduction of 2,025 shares earned by the Reporting Person. The time-based vesting is: 1/4th vest on September 15, 2020, and 1/16th of the units vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer.