Form 4 for GWRE Guidewire Software, Inc.
Accepted 2021-12-17 00:00:00 ET · period of report 2021-12-15 · accession 0001528396-21-000145 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-12-17 | 2021-12-15 | GWRE | Polelle Michael | Chief Delivery Off | M - OptEx | $0.00 | +1,345 | 9,173 | +17% | $0 |
| D | 2021-12-17 | 2021-12-17 | GWRE | Polelle Michael | Chief Delivery Off | S - Sale+OE | $112.98 | -769 | 8,404 | -8% | -$86.9K |
| DM | 2021-12-17 | 2021-12-15 | GWRE | Polelle Michael | Chief Delivery Off | M - OptEx | $0.00 | -1,345 | 4,125 | -25% | $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 | 2021-12-15 | M | A | 210 | $0.00 | 8,038 | D | — | — | |
| 2 | Common | Common Stock | 2021-12-15 | M | A | 136 | $0.00 | 8,174 | D | — | — | |
| 3 | Common | Common Stock | 2021-12-15 | M | A | 312 | $0.00 | 8,486 | D | — | — | |
| 4 | Common | Common Stock | 2021-12-15 | M | A | 312 | $0.00 | 8,798 | D | — | — | |
| 5 | Common | Common Stock | 2021-12-15 | M | A | 375 | $0.00 | 9,173 | D | — | — | |
| 6 | Common | Common Stock | 2021-12-17 | S | D | 769 | $112.98 | 8,404 | D | — | — | |
| 7 | Derivative | Performance Shares | 2021-12-15 | M | D | 210 | $0.00 | 634 | D | $0.00 · — to 2028-09-12 | 210 Common Stock | (F2) On September 12, 2018, the Reporting Person was granted a target of 3,000 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 376 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. |
| 8 | Derivative | Performance Shares | 2021-12-15 | M | D | 136 | $0.00 | 956 | D | $0.00 · — to 2029-09-06 | 136 Common Stock | (F3) On September 6, 2019, the Reporting Person was granted a target of 3,000 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 810 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. |
| 9 | Derivative | Restricted Stock Unit | 2021-12-15 | M | D | 312 | $0.00 | 938 | D | $0.00 · — to 2028-09-12 | 312 Common Stock | (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. |
| 10 | Derivative | Restricted Stock Unit | 2021-12-15 | M | D | 312 | $0.00 | 2,188 | D | $0.00 · — to 2029-09-06 | 312 Common Stock | (F5) 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. |
| 11 | Derivative | Restricted Stock Unit | 2021-12-15 | M | D | 375 | $0.00 | 4,125 | D | $0.00 · — to 2030-09-09 | 375 Common Stock | (F6) The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2020, subject to the Reporting Person's continued service to the Issuer. |