Form 4 for GWRE Guidewire Software, Inc.

Accepted 2022-12-19 00:00:00 ET · period of report 2022-12-15 · accession 0001528396-22-000133 · 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	2022-12-19	2022-12-15	GWRE	Hung Priscilla	Pres, COO	M - OptEx	$0.00	+341	70.4K	+0.5%	$0
D	2022-12-19	2022-12-19	GWRE	Hung Priscilla	Pres, COO	S - Sale+OE	$61.40	-2,979	67.5K	-4%	-$182.9K
D	2022-12-19	2022-12-15	GWRE	Hung Priscilla	Pres, COO	M - OptEx	$0.00	-341	1,026	-25%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-12-15	M	A	341	$0.00	70,441	D	—	—
2	Common	Common Stock	2022-12-19	S	D	2,979	$61.40	67,462	D	—	—	(F2) The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $61.4014 to $61.4032 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.
3	Derivative	Performance Shares	2022-12-15	M	D	341	$0.00	1,026	D	$0.00 · — to 2029-09-06	341 Common Stock	(F3) On September 6, 2019, the Reporting Person was granted a target of 7,500 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 2,025 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.