Kevin Klausmeyer - Oct 8, 2021 Form 4 Insider Report for Cloudera, Inc. (CLDR)

Role
Director
Signature
/s/ Kevin Klausmeyer by David Howard, Attorney-in-Fact
Stock symbol
CLDR
Transactions as of
Oct 8, 2021
Transactions value $
$0
Form type
4
Date filed
10/13/2021, 08:47 PM
Previous filing
Jun 17, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLDR Common Stock Options Exercise +14.5K +11.58% 140K Oct 8, 2021 Direct F1
transaction CLDR Common Stock Disposed to Issuer -140K -100% 0 Oct 8, 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLDR Restricted Stock Units Options Exercise -14.5K -100% 0 Oct 8, 2021 Common Stock 14.5K Direct F1, F3
transaction CLDR Stock Option (right to buy) Disposed to Issuer -126K -100% 0 Oct 8, 2021 Common Stock 126K $10.84 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kevin Klausmeyer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On October 8, 2021, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 1, 2021, by and among Sky Parent Inc. ("Parent"), Project Sky Merger Sub Inc. ("Merger Sub") and Cloudera, Inc. (the "Company"), Merger Sub merged with and into the Company with the Company surviving the merger, and each restricted stock unit held by the Reporting Person was cancelled in exchange for the right to receive $16.00 in cash (the "Merger Consideration").
F2 Pursuant to the Merger Agreement, each outstanding share of common stock, par value $0.01 ("Common Stock") held by the Reporting Person was cancelled and converted into the, right to receive the Merger Consideration.
F3 Pursuant to the Merger Agreement, the Reporting Person disposed of all shares of Common Stock beneficially owned by him in exchange for the Merger Consideration.
F4 This stock option was fully vested. Pursuant to the Merger Agreement, the stock option was cancelled in exchange for the right to receive a cash payment for each share underlying stock option equal to the difference between the Merger Consideration and the exercise price per share.