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Filing Details

Accession Number:
0000899243-18-003340
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-08 21:48:17
Reporting Period:
2018-02-06
Accepted Time:
2018-02-08 21:48:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1610532 Hortonworks Inc. HDP Services-Prepackaged Software (7372) 371634325
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1626707 Scott Davidson C/o Hortonworks, Inc.
5470 Great America Parkway
Santa Clara CA 95054
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-02-06 11,364 $0.00 947,375 No 4 A Direct
Common Stock Disposition 2018-02-08 6,022 $19.19 941,353 No 4 S Direct
Common Stock Acquisiton 2018-02-08 250,800 $0.00 1,192,153 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,663 Indirect Scott & Taryn Davidson Family Trust Dated 4/4/2006
Footnotes
  1. Acquired 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.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2017.
  3. Represents the weighted average sale price for the entire number of shares sold. The sale prices range from $18.94 to $19.46 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.
  4. On February 8, 2018, the Reporting Person was granted 250,800 restricted stock units ("RSUs"). Each RSU represents the right to receive, at settlement, one share of common stock. Eighty-eight percent (88%) of such RSUs shall vest and become releaseable in a series of four (4) successive 3-month installments commencing on February 15, 2019, and thereafter, the balance of the RSUs shall vest and become releaseable on February 15, 2020, 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.