SEC Form 4 · accession 0000899243-15-006908
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
Oct 16, 2015
Accepted (ET)
Oct 20, 2015 · 6:35 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 | Oct 16, 2015 | A | 46,237 | $0.00 | A | 259,686 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 16, 2015 the reporting person was granted 46,237 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.