SEC Form 4 · accession 0000899243-18-003335
Hortonworks, Inc. · HDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Reasoner
Officer — See Remarks
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 9:36 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 StockF1 | Feb 6, 2018 | A | 36,026 | $0.00 | A | 262,282 | D | |
| Common StockF2 | Feb 6, 2018 | A | 2,692 | $0.00 | A | 264,974 | D | |
| Common Stock | Feb 8, 2018 | S | 2,692 | $19.38 | D | 262,282 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 6, 2018, the Reporting Person was granted 36,026 restricted stock units ("RSUs"). Each RSU represents the right to receive, at settlement, one share of common stock. One-quarter (1/4) of such restricteed stock units shall vest and become releaseable on February 15, 2019, and thereafter, the balance of the restrcted stock units shall vest and become releaseable in a series of three (3) successive 3-month installments over the following nine (9) 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.
- F2Acquired upon the settlement of performance stock units granted on June 3, 2015 under the Issuer's Amended and Restated 2014 Stock Option and Incentive Plan.
- F3This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2016.
Remarks
Chief Accounting Officer, Corporate Controller and Principal Accounting Officer