SEC Form 4 · accession 0000899243-16-013452
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott E Gnau
Officer — Chief Technology Officer
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 8:38 pm EST
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 | Feb 11, 2016 | A | 22,157 | $0.00 | A | 76,239 | D | |
| Common Stock | Feb 12, 2016 | P | 10,000 | $8.70 | A | 86,239 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 11, 2016, the Reporting Person was granted 22,157 restricted stock units ("RSUs"). Each RSU represents the right to receive, at settlement, one share of common stock. One-half of the original grant shall vest and become releasable on the first anniversary of the vesting commencement date, and thereafter the balance of the RSUs shall vest and become releasable in a series of two (2) successive equal six-month installments measured from the first anniversary of the vesting commencement date, subject to the Reporting Person's service through such date. All or a portion of the unvested shares are subject to acceleration upon the occurrence of certain events