Frank E. ODowd Jr. - 15 Sep 2021 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Sep 2021, 21:43:10 UTC
Prior SEC filing
16 Sep 2021
Next SEC filing
21 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Winston King Attorney in Fact for Frank E ODowd JR

Key filing fact

Frank E. ODowd Jr. filed Form 4 for Guidewire Software, Inc. (GWRE) on 17 Sep 2021.

Key facts

  • This page summarizes Frank E. ODowd Jr.'s Form 4 filing for Guidewire Software, Inc. (GWRE).
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 Sep 2021, 21:43.

Change

  • Previous filing in this sequence was filed on 16 Sep 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GWRE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,046
Change %
+25%
Price
$0.000000
Shares after
30,685
Date
15 Sep 2021
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GWRE transaction Derivative

Performance Shares

Options Exercise

Transaction value
$0
Shares
-2,034
Change %
-17%
Price
$0.000000
Shares after
9,923
Date
15 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,034
Exercise price
Footnotes
F1, F2
GWRE transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-3,280
Change %
-8.3%
Price
$0.000000
Shares after
36,091
Date
15 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,280
Exercise price
Footnotes
F1, F3
GWRE transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-732
Change %
-7.7%
Price
$0.000000
Shares after
8,779
Date
15 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
732
Exercise price
$0.000000
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit or performance stock unit represents a contingent right to receive one share of the Issuer's common stock.

Footnote F2

These performance stock units are split in two halves, with vesting of each subject to the satisfaction of both performance- and time-based conditions. Performance-based conditions will be satisfied if financial targets, determined by the Issuer, are met for fiscal year 2021 for the first half and fiscal year 2023 for the second half. If the performance-based conditions for fiscal year 2021 are achieved, then the first half will vest based on performance with the following timing: 16.6% will vest on each of September 15, 2021, September 15, 2022, and September 15, 2023, subject to the Reporting Person's continued service to the Issuer. The second half will vest on September 15, 2023 based on achievement under the performance-based conditions for fiscal year 2023, subject to the Reporting Person's continued service to the Issuer.

Footnote F3

The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing December 15, 2020, subject to the Reporting Person's continued service to the Issuer through each such vesting date.

Footnote F4

The Restricted Stock Units vests as follows: 25% of the units vest on the first anniversary of the vesting commencement date of June 15, 2020 and an additional 1/16th of the units vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer as of each such date.

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