SEC Form 4 · accession 0000899243-17-008316
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shaun Connolly
Officer — Chief Strategy Officer
Period of report
Mar 17, 2017
Accepted (ET)
Mar 21, 2017 · 6:44 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 | Mar 17, 2017 | S | 5,026 | $10.00 | D | 562,539 | D | |
| Common Stock | Mar 17, 2017 | M | 2,805 | $1.28 | A | 565,344 | D | |
| Common Stock | Mar 17, 2017 | S | 2,805 | $10.00 | D | 562,539 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F2 | $1.28 | Mar 17, 2017 | M | 2,805 | D | — | Jul 31, 2022 | Common Stock | 2,805 | 6,010 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2016.
- F21/4th of the shares subject to the option vested on August 1, 2013 and 1/48th of the shares subject to the option vest monthly thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date. All or a portion of the then unvested shares are subject to acceleration upon the occurrence of certain events.