Filing Details

Accession Number:
0001528396-22-000135
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-19 18:42:58
Reporting Period:
2022-12-15
Accepted Time:
2022-12-19 18:42:58
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 C/O Guidewire Software, Inc.
2850 South Delaware Street, 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 2022-12-15 2,555 $0.00 203,715 No 4 M Direct
Common Stock Disposition 2022-12-19 7,960 $61.40 195,755 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 Stock Units Disposition 2022-12-15 2,555 $0.00 2,555 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,665 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 sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $61.4012 to $61.4018 per share. The reporting person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  3. Each restricted stock unit or performance stock unit represents a contingent right to receive one share of the Issuer's common stock.
  4. On September 6, 2019, the Reporting Person was granted a target of 56,009 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 15,122 shares earned by the Reporting Person. The time-based vesting is: 1/4th on September 15, 2020, and 1/16th of the units vest quarterly thereafter subject to the Reporting Person's continued service to the Issuer.