Jeffrey Elliott Cooper - 15 Dec 2021 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Role
Chief Financial Officer
Signature
By: Winston King, Attorney-in-Fact for Jeffrey Elliott Cooper
Issuer symbol
GWRE
Transactions as of
15 Dec 2021
Net transactions value
-$234,661
Form type
4
Filing time
17 Dec 2021, 18:38:02 UTC
Previous filing
22 Sep 2021
Next filing
20 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Options Exercise $0 +63 +0.29% $0.000000 21,609 15 Dec 2021 Direct
transaction GWRE Common Stock Options Exercise $0 +688 +3.2% $0.000000 22,297 15 Dec 2021 Direct
transaction GWRE Common Stock Options Exercise $0 +130 +0.58% $0.000000 22,427 15 Dec 2021 Direct
transaction GWRE Common Stock Options Exercise $0 +141 +0.63% $0.000000 22,568 15 Dec 2021 Direct
transaction GWRE Common Stock Options Exercise $0 +1,805 +8% $0.000000 24,373 15 Dec 2021 Direct
transaction GWRE Common Stock Options Exercise $0 +312 +1.3% $0.000000 24,685 15 Dec 2021 Direct
transaction GWRE Common Stock Options Exercise $0 +93 +0.38% $0.000000 24,778 15 Dec 2021 Direct
transaction GWRE Common Stock Sale $234,661 -2,077 -8.4% $112.98 22,701 17 Dec 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GWRE Performance Shares Options Exercise $0 -63 -25% $0.000000 190 15 Dec 2021 Common Stock 63 $0.000000 Direct F2
transaction GWRE Restricted Stock Unit Options Exercise $0 -688 -100% $0.000000* 0 15 Dec 2021 Common Stock 688 $0.000000 Direct F3
transaction GWRE Restricted Stock Unit Options Exercise $0 -130 -14% $0.000000 782 15 Dec 2021 Common Stock 130 $0.000000 Direct F4
transaction GWRE Restricted Stock Unit Options Exercise $0 -141 -12% $0.000000 989 15 Dec 2021 Common Stock 141 $0.000000 Direct F5
transaction GWRE Restricted Stock Unit Options Exercise $0 -1,805 -9.1% $0.000000 18,045 15 Dec 2021 Common Stock 1,805 $0.000000 Direct F6
transaction GWRE Restricted Stock Unit Options Exercise $0 -312 -8.3% $0.000000 3,438 15 Dec 2021 Common Stock 312 $0.000000 Direct F7
transaction GWRE Restricted Stock Unit Options Exercise $0 -93 -25% $0.000000 282 15 Dec 2021 Common Stock 93 $0.000000 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
F2 On September 12, 2018, the Reporting Person was granted a target of 900 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 112 shares earned by the Reporting Person. The time-based vesting is: 1/4th on September 15, 2019, and 1/16th of the units vest quarterly thereafter subject to the Reporting Person's continued service to the Issuer.
F3 The Restricted Stock Units vest as follows: 1/4 of the units vested on December 15, 2018 and an additional 1/16th of the units vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer.
F4 The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing September 15, 2019, subject to the Reporting Person's continued service to the Issuer.
F5 The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2019, subject to the Reporting Person's continued service to the Issuer.
F6 The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing September 15, 2020, subject to the Reporting Person's continued service to the Issuer.
F7 The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2020, subject to the Reporting Person's continued service to the Issuer.
F8 The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing December 15, 2018, subject to the Reporting Person's continued service to the Issuer.