Form 4 for GWRE Guidewire Software, Inc.
Accepted 2021-09-16 00:00:00 ET · period of report 2021-09-14 · accession 0001528396-21-000061 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-16 | 2021-09-14 | GWRE | King James Winston | Chief Admin Off, Gen Couns | A - Grant | $0.00 | +9,397 | 16.3K | +135% | $0 |
| D | 2021-09-16 | 2021-09-14 | GWRE | King James Winston | Chief Admin Off, Gen Couns | A - Grant | $0.00 | +9,397 | 9,397 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-14 | A | A | 9,397 | $0.00 | 16,345 | D | — | — | (F1) As represented by Restricted Stock Units, which shall vest at 6.25% (or 1/16th) of this award in 16 equal quarterly installments over four years, on each of the 15th of March, June, September, and December subsequent to the vesting commencement date. |
| 2 | Derivative | Performance Shares | 2021-09-14 | A | A | 9,397 | $0.00 | 9,397 | D | $0.00 · — to — | 9,397 Common Stock | (F2) At the end of Year 1, 50% of this Performance Stock Unit ("PSU") award will be determined based on performance against fiscal year 2022 financial targets, with the following vesting schedule: 33% vesting immediately, 33% vesting at end of Year 2, and 33% vesting at end of Year 3. At the end of Year 3, 50% of the PSU award will be determined based on performance against fiscal year 2024 financial targets, with the following vesting schedule: 100% vesting immediately. |