SEC Form 4 · accession 0000899243-17-021116
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
Aug 24, 2017
Accepted (ET)
Aug 28, 2017 · 8:54 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 | Aug 24, 2017 | M | 33,250 | $14.22 | A | 418,579 | D | |
| Common StockF2 | Aug 24, 2017 | S | 33,250 | $16.02 | D | 385,329 | D | |
| Common Stock | Aug 25, 2017 | M | 11,720 | $14.22 | A | 397,049 | D | |
| Common Stock | Aug 25, 2017 | M | 21,694 | $14.22 | A | 418,743 | D | |
| Common StockF3 | Aug 25, 2017 | S | 33,414 | $16.10 | D | 385,329 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F4 | $14.22 | Aug 24, 2017 | M | 33,250 | D | — | Sep 11, 2024 | Common Stock | 33,250 | 47,998 | D |
| Non-Qualified Stock Option (right to buy)F4 | $14.22 | Aug 25, 2017 | M | 21,694 | D | — | Sep 11, 2024 | Common Stock | 21,694 | 26,304 | D |
| Incentive Stock Option (right to buy)F4 | $14.22 | Aug 25, 2017 | M | 11,720 | D | — | Sep 11, 2024 | Common Stock | 11,720 | 7,031 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2017.
- F2Represents the weighted average sale price for the entire number of shares sold. The sale prices range from $16.00 to $16.08 per share. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person of each separate price within the range.
- F3Represents the weighted average sale price for the entire number of shares sold. The sale prices range from $16.00 to $16.24 per share. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person of each separate price within the range.
- F41/4th of the shares subject to the option vested on September 12, 2015 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.