SEC Form 4 · accession 0000899243-15-006907
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Reasoner
Officer — See Remarks
Period of report
Oct 16, 2015
Accepted (ET)
Oct 20, 2015 · 6:34 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 StockF1,F2 | Oct 16, 2016 | A | 14,610 | $0.00 | A | 54,334 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 16, 2015 the reporting person was granted 14,610 restricted stock units ("RSUs"). Each RSU represents the right to receive, at settlement, one share of common stock. Twenty-five percent of the RSUs vest on the six-month anniversary of the vesting commencement date. The remaining 75% of the RSUs vest in equal consecutive six-month installments thereafter subject to participant's continued status as a service provider. All or a portion of the unvested shares are subject to acceleration upon the occurrence of certain events.
- F2Reflects the adjusted total which includes a purchase of 424 shares under the Hortonworks, Inc. Employee Stock Purchase Plan in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(c).
Remarks
VP, Corp Controller & Principal Accounting Officer