Guidewire Software (GWRE) Form 4 Guidewire Software / Marcus Ryu ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Ryu Marcus

(Last) (First) (Middle)

1001 E. HILLSDALE BLVD., SUITE 800

(Street)

FOSTER CITY CA 94404

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Guidewire Software, Inc. [ GWRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CEO and President

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/03/2018		M		20,000	A	$3.92	20,276	D
Common Stock	12/03/2018		S(1)		3,600	D	$92.5874(2)	16,676	D
Common Stock	12/03/2018		S(1)		1,000	D	$93.398(3)	15,676	D
Common Stock	12/03/2018		S(1)		400	D	$95.0025(4)	15,276	D
Common Stock	12/03/2018		S(1)		3,700	D	$92.5845(2)	11,576	D
Common Stock	12/03/2018		S(1)		900	D	$93.5676(5)	10,676	D
Common Stock	12/03/2018		S(1)		400	D	$94.8525(6)	10,276	D
Common Stock	12/03/2018		S(1)		3,700	D	$92.6054(7)	6,576	D
Common Stock	12/03/2018		S(1)		800	D	$93.4563(8)	5,776	D
Common Stock	12/03/2018		S(1)		300	D	$94.3942(9)	5,476	D
Common Stock	12/03/2018		S(1)		200	D	$95.265(10)	5,276	D
Common Stock	12/03/2018		S(1)		3,500	D	$92.564(11)	1,776	D
Common Stock	12/03/2018		S(1)		900	D	$93.2867(12)	876	D
Common Stock	12/03/2018		S(1)		300	D	$94.1817(13)	576	D
Common Stock	12/03/2018		S(1)		300	D	$95.24(14)	276	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$3.92	12/03/2018		M			20,000	(15)	12/21/2019	Common Stock	20,000	$0.0	44,033	D

Explanation of Responses:

1. Automatic stock option exercise and sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 10, 2018.

2. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $92 to $92.99 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.

3. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $93.06 to $93.91 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.

4. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $94.44 to $95.24 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.

5. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $93.06 to $94.055 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.

6. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $94.44 to $95.29 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.

7. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $92 to $92.98 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.

8. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $93.06 to $93.97 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.

9. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $94.22 to $94.53 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.

10. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $95.24 to $95.29 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.

11. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $91.94 to $92.93 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.

12. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $92.98 to $93.81 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.

13. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $94.05 to $94.44 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.

14. The sale price reported in column 4 of Table 1 represents the average sale price of the shares sold ranging from $95.22 to $95.26 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.

15. This Stock Option vests over four years of continuous service as follows: 1/48th of the underlying shares vest monthly following the vesting commencement date of December 21, 2009.

	By: Winston King, Attorney in Fact For: Marcus S. Ryu	12/03/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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