Priscilla Hung - 19 Dec 2023 Form 4 Insider Report for Guidewire Software, Inc. (GWRE)

Role
President & COO
Signature
By: Winston King, Attorney-in-Fact for Priscilla Hung
Issuer symbol
GWRE
Transactions as of
19 Dec 2023
Transactions value $
-$399,439
Form type
4
Filing time
20 Dec 2023, 17:29:10 UTC
Previous filing
01 Dec 2023
Next filing
12 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRE Common Stock Sale -$188,061 -1,812 -4.3% $103.79 40,151 19 Dec 2023 Direct F1
transaction GWRE Common Stock Sale -$161,453 -1,545 -3.8% $104.5 38,606 20 Dec 2023 Direct F2, F3
transaction GWRE Common Stock Sale -$49,924 -475 -1.2% $105.1 38,131 20 Dec 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold by Issuer to cover taxes associated with settlement of Restricted Stock Units.
F2 Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on June 28, 2022, as amended on October 12, 2022.
F3 The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $103.9500 to $104.8200 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $105.0500 to $105.1900 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.