| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GWRE | Common Stock | Sale | -$150K | -1.94K | -3.33% | $77.17 | 56.3K | Mar 17, 2023 | Direct | F1, F2 |
| transaction | GWRE | Common Stock | Sale | -$194K | -2.52K | -4.48% | $76.88 | 53.8K | Mar 20, 2023 | Direct | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units. |
| F2 | The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $77.1689 to $77.1698 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. |
| F3 | Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on June 28, 2022, as amended October 12, 2022. |