4//SEC Filing
Davidson Scott 4
Accession 0000899243-19-000382
CIK 0001610532other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:42 PM ET
Size
17.0 KB
Accession
0000899243-19-000382
Insider Transaction Report
Form 4
Davdson Scott
Chief Financial Officer
Transactions
- Disposition from Tender
Common Stock
2019-01-03−786,504→ 0 total - Tax Payment
Common Stock
2019-01-02$14.68/sh−222,238$3,262,454→ 786,504 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2019-01-03−386,075→ 0 totalExp: 2024-04-20→ Common Stock (386,075 underlying) - Disposition from Tender
Common Stock
2019-01-03−7,663→ 0 total(indirect: By Trust) - Exercise/Conversion
Incentive Stock Option (right to buy)
2019-01-03−47,280→ 0 totalExp: 2024-04-20→ Common Stock (47,280 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2019-01-03−92,967→ 0 totalExp: 2024-09-11→ Common Stock (92,967 underlying)
Holdings
- 7,663(indirect: By Trust)
Common Stock
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 786,504 shares that were held directly by the Reporting Person and the 7,663 shares that were held indirectly 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 0001626707
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 9:42 PM ET
- Size
- 17.0 KB