Form 4 for GWRE Guidewire Software, Inc.
Accepted 2021-12-17 00:00:00 ET · period of report 2021-12-15 · accession 0001528396-21-000146 · 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 | Rosenbaum Michael George | CEO, Dir | M - OptEx | $0.00 | +9,064 | 79.6K | +13% | $0 |
| D | 2021-12-17 | 2021-12-17 | GWRE | Rosenbaum Michael George | CEO, Dir | S - Sale+OE | $112.98 | -5,561 | 76.6K | -7% | -$628.3K |
| DM | 2021-12-17 | 2021-12-15 | GWRE | Rosenbaum Michael George | CEO, Dir | M - OptEx | $0.00 | -9,064 | 32.2K | -22% | $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 | 4,606 | $0.00 | 77,745 | D | — | — | |
| 2 | Common | Common Stock | 2021-12-17 | S | D | 5,561 | $112.98 | 76,642 | D | — | — | |
| 3 | Common | Common Stock | 2021-12-15 | M | A | 2,556 | $0.00 | 82,203 | D | — | — | |
| 4 | Common | Common Stock | 2021-12-15 | M | A | 1,902 | $0.00 | 79,647 | D | — | — | |
| 5 | Derivative | Performance Shares | 2021-12-15 | M | D | 2,556 | $0.00 | 17,885 | D | $0.00 · — to 2029-09-06 | 2,556 Common Stock | (F4) On September 6, 2019, the Reporting Person was granted a target of 56,009 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 15,122 shares earned by the Reporting Person. The time-based vesting is: 1/4th on September 15, 2020, and 1/16th of the units vest quarterly thereafter subject to the Reporting Person's continued service to the Issuer. |
| 6 | Derivative | Restricted Stock Unit | 2021-12-15 | M | D | 1,902 | $0.00 | 20,922 | D | $0.00 · — to — | 1,902 Common Stock | (F3) 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. |
| 7 | Derivative | Restricted Stock Unit | 2021-12-15 | M | D | 4,606 | $0.00 | 32,242 | D | $0.00 · — to 2029-09-06 | 4,606 Common Stock | (F2) The Restricted Stock Units vest as follows: 1/4 of the units vest on September 15, 2020, and an additional 1/16 of the units vest quarterly thereafter, subject to the reporting person's continued service to the Issuer. |