Polelle Michael 4
4 · Guidewire Software, Inc. · Filed Dec 17, 2021
Insider Transaction Report
Form 4
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 totalExercise: $0.00Exp: 2029-09-06→ Common Stock (136 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-12-15−312→ 938 totalExercise: $0.00Exp: 2028-09-12→ Common Stock (312 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-12-15−312→ 2,188 totalExercise: $0.00Exp: 2029-09-06→ Common Stock (312 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-12-15−375→ 4,125 totalExercise: $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 totalExercise: $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.