SEC Form 4 · accession 0000899243-17-009995
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
Apr 7, 2017
Accepted (ET)
Apr 11, 2017 · 8:53 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 | Apr 7, 2017 | A | 100,000 | $0.00 | A | 376,006 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 7, 2017 the Reporting Person was granted 100,000 restricted stock units (RSU's). Each RSU represents the right to receive, at settlement, one share of common stock. Such restricted stock units shall vest and become releasable in a series of eight equal successive three month installments over the twenty-four months following the grant date, all subject to the grantee's continued status as a service provider.
- F2Reflects the adjusted total which includes a purchase of 1,500 shares under the Hortonworks, Inc. Employee Stock Purchase Plan in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(c).