4//SEC Filing
Guidewire Software, Inc. 4
Accession 0001540043-14-000008
$GWRECIK 0001528396operating
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 9:27 AM ET
Size
24.7 KB
Accession
0001540043-14-000008
Insider Transaction Report
Form 4
Henrickson Jeremy
VP, Product Development
Transactions
- Exercise/Conversion
Common Stock
2014-03-15+1,875→ 17,363 total - Tax Payment
Common Stock
2014-03-15$52.27/sh−704$36,798→ 16,659 total - Tax Payment
Common Stock
2014-03-15$52.27/sh−375$19,601→ 17,284 total - Exercise/Conversion
Common Stock
2014-03-15+1,000→ 17,659 total - Tax Payment
Common Stock
2014-03-15$52.27/sh−1,409$73,648→ 15,488 total - Exercise/Conversion
Restricted Stock Unit
2014-03-15−625→ 18,750 totalExercise: $0.00Exp: 2023-09-13→ Common Stock (625 underlying) - Exercise/Conversion
Common Stock
2014-03-15+3,750→ 16,897 total - Exercise/Conversion
Restricted Stock Unit
2014-03-15−1,000→ 10,000 totalExercise: $0.00Exp: 2022-09-05→ Common Stock (1,000 underlying) - Exercise/Conversion
Common Stock
2014-03-15+625→ 17,909 total - Tax Payment
Common Stock
2014-03-15$52.27/sh−234$12,231→ 17,675 total - Exercise/Conversion
Restricted Stock Unit
2014-03-15−3,750→ 11,250 totalExercise: $0.00Exp: 2020-12-07→ Common Stock (3,750 underlying) - Exercise/Conversion
Restricted Stock Unit
2014-03-15−1,875→ 11,250 totalExercise: $0.00Exp: 2021-07-20→ Common Stock (1,875 underlying)
Footnotes (5)
- [F1]Shares withheld by Issuer to cover taxes associated with settlement of Restricted Stock Units.
- [F2]The vesting of these Restricted Stock Units is subject to the satisfaction of both a liquidity event-based condition and time-based vesting. The liquidity event-based condition was satisfied on July 22, 2012 and the time-based vesting occurs quarterly over four years from December 15, 2010, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
- [F3]The vesting of these Restricted Stock Units is subject to the satisfaction of both a liquidity event-based condition and time-based vesting. The liquidity event-based condition was satisfied on July 22, 2012 and the time-based vesting occurs quarterly over four years from September 15, 2011, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
- [F4]1/4th of the total grant of these Restricted Stock Units vested on September 15, 2013, as both the performance-based condition and the time-based criteria were met on that date. The performance-based condition was contingent on meeting certain financial targets for the Issuer's fiscal year 2013, which the Issuer's Board of Directors has deemed to be satisfied. With the performance-based condition satisfied, the remaining units will vest on the following time-based criteria: 1/16th of the units vest quarterly starting on December 15, 2013, subject to the Reporting Person's continued service to the Issuer through each such vesting date, until all the units have vested.
- [F5]The grant consists of two separate issuances of Restricted Stock Units. One issuance consists of 10,000 units which vest as follows: 1/16th of the units vest quarterly following the vesting commencement date of September 15, 2013 (the "VCD"), subject to the Reporting Person's continued service to the Issuer. The second issuance consists of 10,000 units, for which vesting is subject to the satisfaction of both performance-based conditions and time-based criteria. The performance-based conditions will be satisfied if certain targets for FY2014, determined by the Issuer, are met. The time-based vesting criteria are as follows: 1/4th of the units vest on the one year anniversary of the VCD and an additional 1/16th of the units will vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer. Both the performance-based conditions and time-based criteria must be met for vesting to occur.
Documents
Issuer
Guidewire Software, Inc.
CIK 0001528396
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001528396
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 9:27 AM ET
- Size
- 24.7 KB