ODowd Frank E JR 4
4 · Guidewire Software, Inc. · Filed Sep 16, 2021
Insider Transaction Report
Form 4
ODowd Frank E JR
Chief Sales Officer
Transactions
- Award
Common Stock
2021-09-14+14,096→ 24,639 total - Award
Performance Shares
2021-09-14+14,096→ 14,096 totalExercise: $0.00→ Common Stock (14,096 underlying)
Footnotes (2)
- [F1]As represented by Restricted Stock Units, which shall vest at 6.25% (or 1/16th) of this award in 16 equal quarterly installments over four years, on each of the 15th of March, June, September, and December subsequent to the vesting commencement date.
- [F2]At the end of Year 1, 50% of this Performance Stock Unit ("PSU") award will be determined based on performance against fiscal year 2022 financial targets, with the following vesting schedule: 33% vesting immediately, 33% vesting at end of Year 2, and 33% vesting at end of Year 3. At the end of Year 3, 50% of the PSU award will be determined based on performance against fiscal year 2024 financial targets, with the following vesting schedule: 100% vesting immediately.