James Winston King - 14 Mar 2022 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Role
Chief Admin Officer, Gen Couns
Signature
/s/ James Winston King
Issuer symbol
GWRE
Transactions as of
14 Mar 2022
Net transactions value
-$14,109
Form type
4
Filing time
15 Mar 2022, 17:18:09 UTC
Previous filing
20 Dec 2021
Next filing
18 Mar 2022
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 +275 +1.5% $0.000000 18,539 15 Mar 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +192 +1% $0.000000 18,731 15 Mar 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +406 +2.2% $0.000000 19,137 15 Mar 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +325 +1.7% $0.000000 19,462 15 Mar 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +438 +2.3% $0.000000 19,900 15 Mar 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +563 +2.8% $0.000000 20,463 15 Mar 2022 Direct
transaction GWRE Common Stock Sale $14,109 -163 -0.8% $86.56 20,300 14 Mar 2022 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 -275 -33% $0.000000 550 15 Mar 2022 Common Stock 275 $0.000000 Direct F2
transaction GWRE Performance Shares Options Exercise $0 -192 -14% $0.000000 1,147 15 Mar 2022 Common Stock 192 $0.000000 Direct F3
transaction GWRE Restricted Stock Unit Options Exercise $0 -406 -33% $0.000000 813 15 Mar 2022 Common Stock 406 $0.000000 Direct F4
transaction GWRE Restricted Stock Unit Options Exercise $0 -325 -17% $0.000000 1,628 15 Mar 2022 Common Stock 325 $0.000000 Direct F5
transaction GWRE Restricted Stock Unit Options Exercise $0 -438 -14% $0.000000 2,625 15 Mar 2022 Common Stock 438 $0.000000 Direct F6
transaction GWRE Restricted Stock Unit Options Exercise $0 -563 -9.1% $0.000000 5,625 15 Mar 2022 Common Stock 563 $0.000000 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on April 14, 2021, as amended January 14, 2022.
F2 On September 12, 2018, the Reporting Person was granted a target of 3,900 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 491 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.
F3 On September 6, 2019, the Reporting Person was granted a target of 4,200 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 1,134 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.
F4 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.
F5 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.
F6 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.
F7 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.