SEC Form 4 · accession 0000899243-15-004977
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shaun Connolly
Officer — VP, Corporate Strategy
Period of report
Sep 15, 2015
Accepted (ET)
Sep 17, 2015 · 8:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 15, 2015 | M | 18,029 | $1.28 | A | 239,078 | D | |
| Common StockF1,F2 | Sep 15, 2015 | S | 18,029 | $24.40 | D | 221,049 | D | |
| Common StockF1,F3 | Sep 15, 2015 | S | 3,800 | $24.49 | D | 217,249 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF4 | $1.28 | Sep 15, 2015 | M | 18,029 | D | Aug 1, 2012 | Jul 31, 2022 | Common Stock | 18,029 | 190,706 | D |
Explanation of responses
- F1This transaction was executed pursuant to a 10b5-1 trading plan executed on March 9, 2015.
- F2Represents the weighted average sale price for the entire number of shares sold. The sale prices range from $23.69 to $25.05 per share. The reporting person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares purchased by the reporting person at each separate price within the range.
- F3This transaction was executed in a single open market trade at a price of $24.49 per share.
- F41/4th of the shares subject to the option vested on August 1, 2013 and 1/48 of the shares subject to the option shall vest monthly thereafter, subject to the Reporting Person's continuous service to the issuer on each such date. All or a portion of the unvested shares are subject to acceleration upon the occurrence of certain events.