Priscilla Hung - Mar 15, 2022 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Role: President & COO
Signature: By: Winston King, Attorney-in-Fact for Priscilla Hung
Stock symbol: GWRE
Transactions as of: Mar 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/15/2022, 05:17 PM
Previous filing: Mar 3, 2022
Next filing: Mar 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GWRE	Common Stock	Options Exercise	$0	+380	+1.68%	$0.00	23.1K	Mar 15, 2022	Direct
transaction	GWRE	Common Stock	Options Exercise	$0	+342	+1.48%	$0.00	23.4K	Mar 15, 2022	Direct
transaction	GWRE	Common Stock	Options Exercise	$0	+563	+2.41%	$0.00	24K	Mar 15, 2022	Direct
transaction	GWRE	Common Stock	Options Exercise	$0	+651	+2.72%	$0.00	24.6K	Mar 15, 2022	Direct
transaction	GWRE	Common Stock	Options Exercise	$0	+781	+3.17%	$0.00	25.4K	Mar 15, 2022	Direct
transaction	GWRE	Common Stock	Options Exercise	$0	+938	+3.69%	$0.00	26.3K	Mar 15, 2022	Direct

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	-380	-33.36%	$0.00	759	Mar 15, 2022	Common Stock	380	$0.00	Direct	F1
transaction	GWRE	Performance Shares	Options Exercise	$0	-342	-14.29%	$0.00	2.05K	Mar 15, 2022	Common Stock	342	$0.00	Direct	F2
transaction	GWRE	Restricted Stock Unit	Options Exercise	$0	-563	-33.35%	$0.00	1.13K	Mar 15, 2022	Common Stock	563	$0.00	Direct	F3
transaction	GWRE	Restricted Stock Unit	Options Exercise	$0	-651	-16.67%	$0.00	3.26K	Mar 15, 2022	Common Stock	651	$0.00	Direct	F4
transaction	GWRE	Restricted Stock Unit	Options Exercise	$0	-781	-14.28%	$0.00	4.69K	Mar 15, 2022	Common Stock	781	$0.00	Direct	F5
transaction	GWRE	Restricted Stock Unit	Options Exercise	$0	-938	-9.1%	$0.00	9.38K	Mar 15, 2022	Common Stock	938	$0.00	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.
F3	The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2018, subject to the Reporting Person's continued service to the Issuer.
F4	The Restricted Stock Units vest 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 vest as follows: 1/16th of the units vest quarterly commencing December 15, 2020, subject to the Reporting Person's continued service to the Issuer.