Jeffrey Elliott Cooper - 20 Jun 2023 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Signature
By: Winston King, Attorney-in-Fact For: Jeffrey Elliott Cooper
Issuer symbol
GWRE
Transactions as of
20 Jun 2023
Net transactions value
-$270,952
Form type
4
Filing time
21 Jun 2023, 17:52:27 UTC
Previous filing
21 Mar 2023
Next filing
15 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Sale $182,946 -2,572 -4.2% $71.13 58,327 20 Jun 2023 Direct F1, F2
transaction GWRE Common Stock Sale $88,006 -1,254 -2.1% $70.18 57,073 21 Jun 2023 Direct F3
* 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 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 $71.1243 to $71.1256 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 October 13, 2022.