James Winston King - Mar 14, 2022 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Role
Chief Admin Officer, Gen Couns
Signature
/s/ James Winston King
Stock symbol
GWRE
Transactions as of
Mar 14, 2022
Transactions value $
-$14,109
Form type
4
Date filed
3/15/2022, 05:18 PM
Previous filing
Dec 20, 2021
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Options Exercise $0 +275 +1.51% $0.00 18.5K Mar 15, 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +192 +1.04% $0.00 18.7K Mar 15, 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +406 +2.17% $0.00 19.1K Mar 15, 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +325 +1.7% $0.00 19.5K Mar 15, 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +438 +2.25% $0.00 19.9K Mar 15, 2022 Direct
transaction GWRE Common Stock Options Exercise $0 +563 +2.83% $0.00 20.5K Mar 15, 2022 Direct
transaction GWRE Common Stock Sale -$14.1K -163 -0.8% $86.56 20.3K Mar 14, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GWRE Performance Shares Options Exercise $0 -275 -33.33% $0.00 550 Mar 15, 2022 Common Stock 275 $0.00 Direct F2
transaction GWRE Performance Shares Options Exercise $0 -192 -14.34% $0.00 1.15K Mar 15, 2022 Common Stock 192 $0.00 Direct F3
transaction GWRE Restricted Stock Unit Options Exercise $0 -406 -33.31% $0.00 813 Mar 15, 2022 Common Stock 406 $0.00 Direct F4
transaction GWRE Restricted Stock Unit Options Exercise $0 -325 -16.64% $0.00 1.63K Mar 15, 2022 Common Stock 325 $0.00 Direct F5
transaction GWRE Restricted Stock Unit Options Exercise $0 -438 -14.3% $0.00 2.63K Mar 15, 2022 Common Stock 438 $0.00 Direct F6
transaction GWRE Restricted Stock Unit Options Exercise $0 -563 -9.1% $0.00 5.63K Mar 15, 2022 Common Stock 563 $0.00 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on April 14, 2021, as amended January 14, 2022.
F2 On September 12, 2018, the Reporting Person was granted a target of 3,900 shares covered by restricted stock units with performance- and time-based vesting requirements. On September 6, 2019, the Compensation Committee of the Board of Directors determined that 112.5% of the performance-based conditions were met resulting in an additional 491 shares earned by the Reporting Person. The time-based vesting is: 1/4th on September 15, 2019, and 1/16th quarterly thereafter, subject to the reporting person's continued service to the Issuer.
F3 On September 6, 2019, the Reporting Person was granted a target of 4,200 shares covered by restricted stock units with performance- and time-based vesting requirements. On September 9, 2020, the Compensation Committee of the Board of Directors determined that 73% of the performance-based conditions were met resulting in a reduction of 1,134 shares earned by the Reporting Person. The time-based vesting is: 1/4th vest on September 15, 2020, and 1/16th of the units vest quarterly thereafter subject to the Reporting Person's continued service to the Issuer.
F4 The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2018, subject to the Reporting Person's continued service to the Issuer.
F5 The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing September 15, 2019, subject to the Reporting Person's continued service to the Issuer.
F6 The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2019, subject to the Reporting Person's continued service to the Issuer.
F7 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.