Rossiter Jay 4
4 · Hortonworks, Inc. · Filed Jan 3, 2019
Insider Transaction Report
Form 4
Rossiter Jay
Director
Transactions
- Disposition from Tender
Common Stock
2019-01-03−49,910→ 0 total
Footnotes (1)
- [F1]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 49,910 shares that were held directly by the Reporting Person, and received the Merger Consideration for each share of Issuer common stock.