Polelle Michael 4
4 · Guidewire Software, Inc. · Filed Mar 15, 2022
Insider Transaction Report
Form 4
Polelle Michael
Chief Delivery Officer
Transactions
- Exercise/Conversion
Common Stock
2022-03-15+212→ 7,747 total - Exercise/Conversion
Common Stock
2022-03-15+137→ 7,884 total - Exercise/Conversion
Common Stock
2022-03-15+313→ 8,197 total - Exercise/Conversion
Restricted Stock Unit
2022-03-15−313→ 1,875 totalExercise: $0.00Exp: 2029-09-06→ Common Stock (313 underlying) - Exercise/Conversion
Common Stock
2022-03-15+313→ 8,510 total - Exercise/Conversion
Common Stock
2022-03-15+375→ 8,885 total - Exercise/Conversion
Performance Shares
2022-03-15−212→ 422 totalExercise: $0.00Exp: 2028-09-12→ Common Stock (212 underlying) - Exercise/Conversion
Performance Shares
2022-03-15−137→ 819 totalExercise: $0.00Exp: 2029-09-06→ Common Stock (137 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-03-15−313→ 625 totalExercise: $0.00Exp: 2028-09-12→ Common Stock (313 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-03-15−375→ 3,750 totalExercise: $0.00Exp: 2030-09-09→ Common Stock (375 underlying)
Footnotes (5)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.