Jeffrey Elliott Cooper - 12 Mar 2024 Form 4/A Insider Report for Guidewire Software, Inc. (GWRE)

Signature
By: Winston King, Attorney-in-Fact For: Jeffrey Elliott Cooper
Issuer symbol
GWRE
Transactions as of
12 Mar 2024
Net transactions value
-$503,309
Form type
4/A
Filing time
21 Mar 2024, 18:39:29 UTC
Date Of Original Report
12 Mar 2024
Previous filing
16 Jan 2024
Next filing
25 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Other $0 -42 -0.06% $0.000000 72,344 12 Mar 2024 Direct F1, F2
transaction GWRE Common Stock Other $0 -261 -0.36% $0.000000 72,083 19 Mar 2024 Direct F1
transaction GWRE Common Stock Sale $271,989 -2,434 -3.4% $111.75 69,649 19 Mar 2024 Direct F3, F4
transaction GWRE Common Stock Other $0 -432 -0.62% $0.000000 69,217 20 Mar 2024 Direct F1
transaction GWRE Common Stock Sale $231,321 -2,056 -3% $112.51 67,161 20 Mar 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Shares transferred as part of a divorce property settlement.
F2 On March 12, 2024, the Reporting Person filed a Form 4 reporting that 735 shares were transferred on March 12, 2024. On March 21, 2024, the broker informed the Reporting Person that, in fact, due to a system glitch, the transfer was inadvertently made over a period of three days, as reported in this amendment.
F3 Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
F4 The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $111.7440 to $111.7464 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.
F5 Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 12, 2023.