SEC Form 4 · accession 0000899243-17-027919
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert G Bearden
Officer — Chief Executive Officer · Director
Period of report
Nov 30, 2017
Accepted (ET)
Dec 4, 2017 · 8:18 pm EST
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 | Nov 30, 2017 | M | 200 | $0.54 | A | 1,979,826 | D | |
| Common StockF1 | Nov 30, 2017 | S | 200 | $19.51 | D | 1,979,626 | D | |
| Common Stock | Dec 1, 2017 | M | 120,000 | $0.54 | A | 2,099,626 | D | |
| Common StockF2 | Dec 1, 2017 | S | 120,000 | $19.03 | D | 1,979,626 | D | |
| Common Stock | holding | — | — | — | 1,068,252 | I | The Robert Gene Bearden, Jr. Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F3 | $0.54 | Nov 30, 2017 | M | 200 | D | — | Feb 8, 2022 | Common Stock | 200 | 264,027 | D |
| Incentive Stock Option (right to buy)F3 | $0.54 | Dec 1, 2017 | M | 120,000 | D | — | Feb 8, 2022 | Common Stock | 120,000 | 144,027 | D |
Explanation of responses
- F1Represents the weighted average sale price for the entire number of shares sold. The sale prices range from $19.50 to $19.52 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.
- F2Represents the weighted average sale price for the entire number of shares sold. The sale prices range from $18.86 to $19.32 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.
- F31/48th of the shares subject to the option vested on March 4, 2012, and 1/48th of the shares subject to the option vested monthly thereafter, subject to the Reporting person's continuous service to the Issuer on each such date.