4//SEC Filing
Gnau Scott E 4
Accession 0000899243-19-000381
CIK 0001610532other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:41 PM ET
Size
12.2 KB
Accession
0000899243-19-000381
Insider Transaction Report
Form 4
Gnau Scott E
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
2019-01-02$14.68/sh−76,487$1,122,829→ 248,003 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2019-01-03−18,848→ 0 totalExp: 2025-04-26→ Common Stock (18,848 underlying) - Disposition from Tender
Common Stock
2019-01-03−248,003→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2019-01-03−84,304→ 0 totalExp: 2025-04-26→ Common Stock (84,304 underlying)
Footnotes (4)
- [F1]Shares withheld to satisfy tax obligations arising out of vesting of restricted stock units, which were accelerated in connection with the Merger (as defined below).
- [F2]On January 3, 2019, pursuant to the Agreement and Plan of Merger and Reorganization, dated as of October 3, 2018, by and among Cloudera, Inc. ("Cloudera"), Issuer, and Surf Merger Corporation ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving as a direct wholly-owned subsidiary of Cloudera (the "Merger"). Pursuant to the Merger, the Issuer's stockholders received the right to receive 1.305 shares of common stock, par value $0.00005 per share, of Cloudera (the "Merger Consideration") for each share of the Issuer's stock that they own. Pursuant to the Merger, the Reporting Person disposed of all shares of Issuer common stock beneficially owned by it, including the 248,003 shares that were held directly by the Reporting Person, and received the Merger Consideration for each share of Issuer common stock.
- [F3]Pursuant to the Merger, this incentive stock option was cancelled and converted into an option to acquire Cloudera common stock, with the number of shares and exercise price adjusted for the Exchange Ratio in accordance with the terms of the Merger Agreement.
- [F4]Pursuant to the Merger, this non-qualified stock option was cancelled and converted into an option to acquire Cloudera common stock, with the number of shares and exercise price adjusted for the Exchange Ratio in accordance with the terms of the Merger Agreement.
Documents
Issuer
Hortonworks, Inc.
CIK 0001610532
Entity typeother
Related Parties
1- filerCIK 0001565530
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 9:41 PM ET
- Size
- 12.2 KB