Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GWRE | Common Stock | Options Exercise | $0 | +2.56K | +1.31% | $0.00 | 198K | Mar 15, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GWRE | Performance Stock Units | Options Exercise | $0 | -2.56K | -33.33% | $0.00 | 5.11K | Mar 15, 2023 | Common Stock | 2.56K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit or performance stock unit represents a contingent right to receive one share of the Issuer's common stock. |
F2 | 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. |