SEC Form 4 · accession 0000899243-17-019601
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Fudge
Officer — Chief Revenue Officer
Period of report
Jul 31, 2017
Accepted (ET)
Aug 2, 2017 · 7:23 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 31, 2017 | A | 476,925 | $0.00 | A | 476,925 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 31, 2017 the Reporting Person was granted 476,925 restricted stock units ("RSUs"). Each RSU represents the right to receive, at settlement, one share of common stock. One-third of such RSUs 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 four equal successive six-month installments over the following twenty-four months thereafter, all subject to grantee's continued status as a service provider. All or a portion of any unvested RSUs are subject to acceleration upon the occurrence of certain events.