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Guidewire Software, Inc. — Director's Dealing 2023
Jun 15, 2023
30303_dirs_2023-06-15_7c977936-fa82-4987-b413-a61b90e77ac5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Guidewire Software, Inc. (GWRE)
CIK: 0001528396
Period of Report: 2023-06-15
Reporting Person: Rosenbaum Michael George (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-15 | Common Stock | M | 2555 | — | Acquired | 195600 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-15 | Performance Stock Units | $ | M | 2555 | Disposed | 2029-09-06 | Common Stock (2555) | Direct |
Footnotes
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.