Home/Filings/4/0001496156-19-000018
4//SEC Filing

Smith Curtis 4

Accession 0001496156-19-000018

CIK 0001528396other

Filed

Dec 16, 7:00 PM ET

Accepted

Dec 17, 6:31 PM ET

Size

16.5 KB

Accession

0001496156-19-000018

Insider Transaction Report

Form 4
Period: 2019-12-15
Smith Curtis
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2019-12-15+2,97610,479 total
  • Exercise/Conversion

    Performance Shares

    2019-12-153165,918 total
    Exercise: $0.00Exp: 2028-09-12Common Stock (316 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    2019-12-151872,438 total
    Exercise: $0.00Exp: 2029-03-07Common Stock (187 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    2019-12-156259,375 total
    Exercise: $0.00Exp: 2029-09-06Common Stock (625 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    2019-12-154685,157 total
    Exercise: $0.00Exp: 2028-09-12Common Stock (468 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    2019-12-151,38012,415 total
    Exercise: $0.00Exp: 2028-03-21Common Stock (1,380 underlying)
Footnotes (5)
  • [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.
  • [F5]The Restricted Stock Units vest as follows: 1/16th of the units vest quarterly commencing December 15, 2019, subject to the Reporting Person's continued service to the Issuer through each such vesting date.

Issuer

Guidewire Software, Inc.

CIK 0001528396

Entity typeother

Related Parties

1
  • filerCIK 0001496156

Filing Metadata

Form type
4
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:31 PM ET
Size
16.5 KB