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