| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GWRE | Common Stock | Sale | -$321K | -3.1K | -4.01% | $103.79 | 74.1K | Dec 19, 2023 | Direct | F1 |
| transaction | GWRE | Common Stock | Sale | -$90.7K | -868 | -1.17% | $104.48 | 73.2K | Dec 20, 2023 | Direct | F2, F3 |
| transaction | GWRE | Common Stock | Sale | -$42K | -400 | -0.55% | $105.10 | 72.8K | Dec 20, 2023 | Direct | F2, F4 |
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 | Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 13, 2022. |
| F3 | The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $103.9510 to $104.8150 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. |
| F4 | The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $105.000 to $105.1900 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. |