SEC Form 4 · accession 0000899243-17-018664
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Davidson
Officer — See Remarks
Period of report
Jul 18, 2017
Accepted (ET)
Jul 20, 2017 · 9:08 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 18, 2017 | A | 246,150 | $0.00 | A | 914,801 | D | |
| Common StockF2 | Jul 18, 2017 | A | 246,150 | $0.00 | A | 1,160,951 | D | |
| Common Stock | holding | — | — | — | 33,532 | I | Scott & Taryn Davidson Family Trust Dated 4/4/2006 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 18, 2017, the Reporting Person was granted 246,150 restricted stock units ("RSUs"). Each RSU represents the right to receive, at settlement, one share of common stock. One-eighth (1/8) of such RSUs shall vest and become releasable on November 9, 2017, and thereafter, the balance of the RSUs shall vest and become releasable in a series of seven (7) successive 3-month installments over the following twenty-one (21) months thereafter, all subject to grantee's continued status as a service provider. All or portion of the unvested RSUs are subject to acceleration upon the occurrence of certain events.
- F2On July 18, 2017, the Reporting Person was granted 246,150 RSUs. Each RSU represents the right to receive, at settlement, one share of common stock. One-eighth (1/8) of such RSUs shall vest and become releasable on February 14, 2018, and thereafter, the balance of the RSUs shall vest and become releasable in a series of seven (7) successive 3-month installments over the following twenty-one (21) months thereafter, all subject to grantee's continued status as a service provider. All or portion of the unvested RSUs are subject to acceleration upon the occurrence of certain events.
Remarks
Chief Financial Officer & Chief Operating Officer