0001528396-23-000082.txt : 20230915 0001528396-23-000082.hdr.sgml : 20230915 20230915175816 ACCESSION NUMBER: 0001528396-23-000082 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230913 FILED AS OF DATE: 20230915 DATE AS OF CHANGE: 20230915 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mullen John P CENTRAL INDEX KEY: 0001917389 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35394 FILM NUMBER: 231259693 MAIL ADDRESS: STREET 1: C/O GUIDEWIRE SOFTWARE, INC. STREET 2: 970 PARK PL, SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Guidewire Software, Inc. CENTRAL INDEX KEY: 0001528396 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 364468504 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 BUSINESS ADDRESS: STREET 1: 970 PARK PL, SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 BUSINESS PHONE: 650-357-9100 MAIL ADDRESS: STREET 1: 970 PARK PL, SUITE 200 CITY: SAN MATEO STATE: CA ZIP: 94403 4 1 wk-form4_1694815088.xml FORM 4 X0508 4 2023-09-13 0 0001528396 Guidewire Software, Inc. GWRE 0001917389 Mullen John P C/O GUIDEWIRE SOFTWARE, INC. 970 PARK PL, SUITE 200 SAN MATEO CA 94403 0 1 0 0 President & CRO 0 Common Stock 2023-09-13 4 A 0 31869 0 A 159345 D Common Stock 2023-09-15 4 M 0 4087 0 A 163432 D Performance Shares 0 2023-09-13 4 A 0 31869 0 A 2033-09-13 Common Stock 31869 31869 D Performance Shares 0 2023-09-15 4 M 0 4087 0 D 2032-09-15 Common Stock 4087 20221 D These PSUs cliff vest at the end of the three-year performance period based on the average performance of the three one-year performance periods. One-year financial targets for each of the three performance measurement periods were set on the grant date. At the end of Year 1, as to 50% of this PSU award (Part 1), the Compensation Committee of the Board of Directors determined, on September 15, 2023, that 101.8% of the performance conditions against the FY23 ARR targets were met resulting in an increase of 216 PSUs earned by the Reporting Person. 33% of Part 1 vested immediately thereafter. 33% of Part 1 will vest at the end of Year 2, and 33% of Part 1 will vest at the end of Year 3. At the end of Year 3, 50% of the PSU award (Part 2) will be determined based on performance against the FY25 ARR targets. By: Winston King, Attorney-in-Fact for John P. Mullen 2023-09-15