SEC Form 4 · accession 0001567619-19-000761
Cloudera, Inc. · CLDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Sordello
Director
Period of report
Jan 3, 2019
Accepted (ET)
Jan 7, 2019 · 9:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001535379
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 3, 2019 | M | 16,825 | $0.00 | A | 65,077 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | $0.00 | Jan 3, 2019 | M | 16,825 | D | — | — | Common Stock | 16,825 | 0 | D |
Explanation of responses
- F1Vesting and release of restricted stock units ("RSUs") granted to the Reporting Person on June 27, 2018. The vesting of the RSUs was accelerated in full as of January 3, 2019 upon the closing of the merger with Hortonworks, Inc.
- F2Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
Remarks
The Reporting Person resigned from the Issuer's Board of Directors as of January 3, 2019 following the merger with Hortonworks, Inc.