Form 4 for GWRE Guidewire Software, Inc.
Accepted 2023-03-15 00:00:00 ET · period of report 2023-03-15 · accession 0001528396-23-000034 · 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 | 2023-03-15 | 2023-03-15 | GWRE | Rosenbaum Michael George | CEO, Dir | M - OptEx | $0.00 | +2,555 | 198.3K | +1% | $0 |
| D | 2023-03-15 | 2023-03-15 | GWRE | Rosenbaum Michael George | CEO, Dir | M - OptEx | $0.00 | -2,555 | 5,110 | -33% | $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 | 2023-03-15 | M | A | 2,555 | $0.00 | 198,310 | D | — | — | |
| 2 | Derivative | Performance Stock Units | 2023-03-15 | M | D | 2,555 | $0.00 | 5,110 | D | — · — to 2029-09-06 | 2,555 Common Stock | (F1) Each restricted stock unit or performance stock unit represents a contingent right to receive one share of the Issuer's common stock. (F2) 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. |