Polelle Michael 4

Accession 0001528396-21-000145

CIK 0001528396other

View on SEC.gov Company Profile

Filed

Dec 16, 7:00 PM ET

Accepted

Dec 17, 7:38 PM ET

Size

23.2 KB

Accession

0001528396-21-000145

Insider Transaction Report

Form 4

Period: 2021-12-15

Guidewire Software, Inc.GWRE

Polelle Michael

Chief Delivery Officer

Transactions

Exercise/Conversion
Common Stock
2021-12-15+136→ 8,174 total
Sale
Common Stock
2021-12-17$112.98/sh−769$86,882→ 8,404 total
Exercise/Conversion
Performance Shares
2021-12-15−136→ 956 total
Exercise: $0.00Exp: 2029-09-06→ Common Stock (136 underlying)
Exercise/Conversion
Restricted Stock Unit
2021-12-15−312→ 938 total
Exercise: $0.00Exp: 2028-09-12→ Common Stock (312 underlying)
Exercise/Conversion
Restricted Stock Unit
2021-12-15−312→ 2,188 total
Exercise: $0.00Exp: 2029-09-06→ Common Stock (312 underlying)
Exercise/Conversion
Restricted Stock Unit
2021-12-15−375→ 4,125 total
Exercise: $0.00Exp: 2030-09-09→ Common Stock (375 underlying)
Exercise/Conversion
Common Stock
2021-12-15+210→ 8,038 total
Exercise/Conversion
Common Stock
2021-12-15+312→ 8,486 total
Exercise/Conversion
Common Stock
2021-12-15+375→ 9,173 total
Exercise/Conversion
Performance Shares
2021-12-15−210→ 634 total
Exercise: $0.00Exp: 2028-09-12→ Common Stock (210 underlying)
Exercise/Conversion
Common Stock
2021-12-15+312→ 8,798 total

Footnotes (6)

[F1]Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
[F2]On September 12, 2018, the Reporting Person was granted a target of 3,000 shares covered by restricted stock units with performance- and time-based vesting requirements. On September 6, 2019, the Compensation Committee of the Board of Directors determined that 112.5% of the performance-based conditions were met resulting in an additional 376 shares earned by the Reporting Person. The time-based vesting is: 1/4th on September 15, 2019, and 1/16th quarterly thereafter, subject to the Reporting Person's continued service to the Issuer.
[F3]On September 6, 2019, the Reporting Person was granted a target of 3,000 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 810 shares earned by the Reporting Person. The time-based vesting is: 1/4th vest on September 15, 2020, and 1/16th of the units vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer.
[F4]The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2018, subject to the Reporting Person's continued service to the Issuer.
[F5]The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2019, subject to the Reporting Person's continued service to the Issuer.
[F6]The Restricted Stock Units vests as follows: 1/16th of the units vest quarterly commencing December 15, 2020, subject to the Reporting Person's continued service to the Issuer.

Documents

1 file

4
wf-form4_163978792235758.xmlPrimary
FORM 4

Issuer

Guidewire Software, Inc.

CIK 0001528396

→

Entity typeother

Related Parties

filerCIK 0001609633

Filing Metadata

Form type: 4
Filed: Dec 16, 7:00 PM ET
Accepted: Dec 17, 7:38 PM ET
Size: 23.2 KB

View on SEC.gov