| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GWRE | Common Stock | Sale | -$378K | -4.11K | -7.84% | $92.07 | 48.3K | Sep 20, 2023 | Direct | F1, F2 |
| transaction | GWRE | Common Stock | Sale | -$43.3K | -467 | -0.97% | $92.73 | 47.9K | Sep 20, 2023 | Direct | F1, F3 |
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).
| Id | Content |
|---|---|
| F1 | Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on October 13, 2022. |
| F2 | The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $91.62 to $92.57 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 | The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $92.69 to $92.75 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. |