Filing Details

Accession Number:
0001540041-14-000028
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-08 20:22:48
Reporting Period:
2014-09-04
Filing Date:
2014-09-08
Accepted Time:
2014-09-08 19:22:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1528396 Guidewire Software Inc. GWRE Services-Prepackaged Software (7372) 364468504
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1540041 Marcus Ryu 1001 E. Hillsdale Blvd., Suite 800
Foster City CA 94404
Ceo And President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-09-05 19,932 $45.15 93,704 No 4 S Direct
Common Stock Disposition 2014-09-05 10,068 $45.72 83,636 No 4 S Direct
Common Stock Acquisiton 2014-09-05 2,812 $8.65 86,448 No 4 M Direct
Common Stock Acquisiton 2014-09-05 259 $32.25 86,707 No 4 M Direct
Common Stock Acquisiton 2014-09-05 1,929 $32.25 88,636 No 4 M Direct
Common Stock Disposition 2014-09-05 3,800 $45.16 84,836 No 4 S Direct
Common Stock Disposition 2014-09-05 1,200 $45.71 83,636 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Incentive Stock Option (right to buy) Disposition 2014-09-05 259 $0.00 259 $32.25
Common Stock Incentive Stock Option (right to buy) Acquisiton 2014-09-04 2,208 $0.00 2,208 $45.27
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2014-09-05 2,812 $0.00 2,812 $8.65
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2014-09-05 1,929 $0.00 1,929 $32.25
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2014-09-04 78,935 $0.00 78,935 $45.27
Common Stock Restricted Stock Unit Acquisiton 2014-09-04 36,816 $0.00 36,816 $0.00
Common Stock Restricted Stock Unit Acquisiton 2014-09-04 36,816 $0.00 36,816 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,975 2022-09-05 No 4 M Direct
2,208 2024-09-04 No 4 A Direct
191,899 2021-09-14 No 4 M Direct
45,526 2022-09-05 No 4 M Direct
78,935 2024-09-04 No 4 A Direct
36,816 2024-09-04 No 4 A Direct
73,632 2024-09-04 No 4 A Direct
Footnotes
  1. Automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 5, 2014.
  2. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $44.49 to $45.48 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.
  3. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $45.49 to $45.91 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
  4. Automatic stock option exercise and same-day sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 5, 2014.
  5. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $44.52 to $45.51 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
  6. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $45.52 to $45.88 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
  7. When both ISO and NQ Stock Options granted on September 5, 2012 are combined, they vest over four years of continuous service as follows: 1/48 of the underlying shares vest monthly following the vesting commencement date of September 5, 2012, subject to the Reporting Person's continuous service.
  8. When both ISO and NQ Stock Options granted on September 4, 2014 are combined, they vest over four years of continuous service as follows: 1/48 of the underlying shares vest monthly following the vesting commencement date of September 4, 2014, subject to the Reporting Person's continuous service.
  9. This Stock Option vests as follows: 50% of the shares vest on September 14, 2013 and the remaining 50% vests monthly over the next two years, as long as the Reporting Person provides continuous service as the Issuer's chief executive officer
  10. The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly following the vesting commencement date of September 15, 2014, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
  11. The vesting of these Restricted Stock Units is subject to the satisfaction of both performance-based conditions and time-based criteria. The performance-based conditions will be satisfied if certain financial targets, determined by the Issuer, are met over the course of the Issuer's 2015 fiscal year. If the performance-based conditions for fiscal year 2015 are not met, then none of the shares will vest. If the performance-based conditions for fiscal year 2015 are achieved, as determined by the Issuer, then units will vest as the time-based criteria are satisfied. The time-based vesting criteria are as follows: 1/4th of the units vest on the one year anniversary of the vesting commencement date of September 15, 2014 and an additional 1/16th of the units will vest quarterly thereafter, subject to (1) the previously mentioned fiscal year 2015 performance-based conditions being met, and (2) the Reporting Person's continued service to the Issuer through each such vesting date.