4//SEC Filing
Smith Curtis 4
Accession 0001496156-19-000014
CIK 0001528396other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 8:46 PM ET
Size
14.2 KB
Accession
0001496156-19-000014
Insider Transaction Report
Form 4
Smith Curtis
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2019-09-15+3,302→ 8,813 total - Exercise/Conversion
Restricted Stock Unit
2019-09-15−1,379→ 13,795 totalExercise: $0.00Exp: 2028-03-21→ Common Stock (1,379 underlying) - Exercise/Conversion
Restricted Stock Unit
2019-09-15−469→ 5,625 totalExercise: $0.00Exp: 2028-09-12→ Common Stock (469 underlying) - Exercise/Conversion
Performance Shares
2019-09-15−1,266→ 6,234 totalExercise: $0.00Exp: 2028-09-12→ Common Stock (1,266 underlying) - Exercise/Conversion
Restricted Stock Unit
2019-09-15−188→ 2,625 totalExercise: $0.00Exp: 2029-03-07→ Common Stock (188 underlying)
Footnotes (4)
- [F1]The grant consists of three separate issuances of Restricted Stock Units, each with vesting subject to the Reporting Person's continued service to the Issuer. The first is 7,500 units vesting as follows: 1/16th of the units vest quarterly commencing December 15, 2018. The second is 5,061 units, for which vesting was subject to the satisfaction of both performance-based conditions and time-based criteria. The performance-based conditions were deemed met and exceeded by the Issuer's Board of Directors, and the time-based vesting criteria are as follows: 1/4th of the units vested on September 15, 2019 and an additional 1/16th of the units will vest quarterly thereafter. The third consists of units for which vesting will be determined based on the Issuer's total shareholder return percentile ranking relative to a set peer group, over a three year period ending on July 31, 2021.
- [F2]The number of shares reported in Column 9 of Table II represents the 2018 Performance Stock Unit ("PSU") and the Total Shareholder Return ("TSR") grants less the number of PSU shares vested as of this Transaction Date.
- [F3]The Restricted Stock Units vest as follows: 1/4th of the units vest on the one year anniversary of the vesting commencement date of March 15, 2018 and an additional 1/16th of the units vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer.
- [F4]The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing June 15, 2019, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
Documents
Issuer
Guidewire Software, Inc.
CIK 0001528396
Entity typeother
Related Parties
1- filerCIK 0001496156
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 8:46 PM ET
- Size
- 14.2 KB