Filing Details

Accession Number:
0001593806-15-000026
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-12-16 18:14:31
Reporting Period:
2015-12-15
Filing Date:
2015-12-16
Accepted Time:
2015-12-16 18:14:31
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
1593806 Scott Roza 1001 E. Hillsdale Blvd., Suite 800
Foster City CA 94404
Chief Customer Officer No 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 Acquisiton 2015-12-15 2,344 $0.00 3,144 No 4 M Direct
Common Stock Acquisiton 2015-12-15 281 $0.00 3,425 No 4 M Direct
Common Stock Acquisiton 2015-12-15 190 $0.00 3,615 No 4 M Direct
Common Stock Acquisiton 2015-12-15 625 $0.00 4,240 No 4 M Direct
Common Stock Disposition 2015-12-15 1,013 $58.32 3,227 No 4 F Direct
Common Stock Acquisiton 2015-12-15 782 $45.80 4,009 No 4 M Direct
Common Stock Disposition 2015-12-15 577 $58.75 3,432 No 4 S Direct
Common Stock Disposition 2015-12-15 205 $59.19 3,227 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F 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 2015-12-15 182 $0.00 182 $45.80
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2015-12-15 600 $0.00 600 $45.80
Common Stock Restricted Stock Unit Disposition 2015-12-15 2,344 $0.00 2,344 $0.00
Common Stock Restricted Stock Unit Disposition 2015-12-15 281 $0.00 281 $0.00
Common Stock Restricted Stock Unit Disposition 2015-12-15 190 $0.00 190 $0.00
Common Stock Restricted Stock Unit Disposition 2015-12-15 625 $0.00 625 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,366 2023-12-05 No 4 M Direct
13,603 2023-12-05 No 4 M Direct
18,750 2023-12-05 No 4 M Direct
5,377 2024-09-04 No 4 M Direct
5,187 2024-09-04 No 4 M Direct
19,375 2025-09-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 500 Indirect by Spouse
Footnotes
  1. Shares withheld by Issuer to cover taxes associated with settlement of Restricted Stock Units.
  2. Automatic option exercise and sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person on October 10, 2014 and amended April 10, 2015.
  3. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $58.10 to $59.06 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. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $59.12 to $59.26 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.
  5. When both ISO and NQ Stock Options granted on December 5, 2013 are combined, they vest over four years of continuous service as follows: 1/4th of the underlying shares vest on the one year anniversary of the vesting commencement date of November 15, 2013 and an additional 1/48th of the underlying shares vest monthly thereafter.
  6. The Restricted Stock Units vest as follows: 1/4th of the units vest on the one year anniversary of the vesting commencement date of December 15, 2013 and an additional 1/16th of the units vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
  7. The grant consists of two separate issuances of Restricted Stock Units. One issuance consists of 4,500 units which vest as follows: 1/16th of the units vest quarterly following the vesting commencement date of September 15, 2014 (the "VCD"), subject to the Reporting Person's continued service to the Issuer. The second issuance consists of 3,045 units, for which vesting was subject to the satisfaction of both performance-based conditions and time-based criteria. Attainment regarding the performance-based conditions was determined by the Issuer's Board of Directors based on the Issuer's results for FYE July 31, 2015 and the time-based vesting criteria are as follows: 1/4th of the units vested on September 15, 2015, the one year anniversary of the VCD, and an additional 1/16th of the units will vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer.
  8. The grant consists of two separate issuances of Restricted Stock Units. One issuance consists of 10,000 units which vest as follows: 1/16th of the units vest quarterly commencing December 15, 2015, subject to the Reporting Person's continued service to the Issuer. The second issuance consists of 10,000 units, for which vesting 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 for FY2016, determined by the Issuer, are met. The time-based criteria are as follows: 1/4th of the units vest on the one year anniversary of the vesting commencement date of September 15, 2015 and an additional 1/16th of the units will vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer. Both performance-based conditions and time-based criteria must be met for vesting to occur.