SEC Form 4 · accession 0000899243-17-018159
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greg Pavlik
Officer — Chief Development Officer
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 7:06 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 | Jul 6, 2017 | A | 23,076 | $0.00 | A | 260,661 | D | |
| Common Stock | Jul 7, 2017 | F | 2,609 | $12.77 | D | 258,052 | D | |
| Common Stock | holding | — | — | — | 77,951 | I | Gregory Pavlik and Ruth Ann Pavlik, as trustees of the Pavlik Trust dated March 15, 2013 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 6, 2017 the Reporting Person was granted 23,076 restricted stock units ("RSUs"). Each RSU represents the right to receive, at settlement, one share of common stock. One-half (1/2) of such restricted stock units shall vest and become releasable on November 9, 2017, and the remaining one-half (1/2) shall vest and become releasable on May 9, 2018, all subject to grantee's continued status as a service provider.
- F2Shares withheld to satisfy tax obligations arising out of vesting of restricted stock units.