Robert Bearden - Sep 10, 2021 Form 4 Insider Report for Cloudera, Inc. (CLDR)

Role
Chief Executive Officer, Director
Signature
/s/ Robert Bearden by David Howard, Attorney-in-Fact
Stock symbol
CLDR
Transactions as of
Sep 10, 2021
Transactions value $
-$1,428,762
Form type
4
Date filed
9/16/2021, 08:11 PM
Previous filing
Sep 16, 2021
Next filing
Oct 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLDR Common Stock Gift $0 -6.3K -2.1% $0.00 294K Sep 10, 2021 Direct
transaction CLDR Common Stock Options Exercise +64.2K +21.81% 358K Sep 15, 2021 Direct F1
transaction CLDR Common Stock Options Exercise +135K +37.59% 493K Sep 15, 2021 Direct F1
transaction CLDR Common Stock Tax liability -$1.43M -89.7K -18.19% $15.93 403K Sep 15, 2021 Direct F2

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 Unit Options Exercise $0 -64.2K -10% $0.00 577K Sep 15, 2021 Common Stock 64.2K Direct F1, F3
transaction CLDR Restricted Stock Unit Options Exercise $0 -135K -25.26% $0.00 399K Sep 15, 2021 Common Stock 135K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
F2 Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the settlement of vested RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
F3 The RSUs will vest as to 1/12th of the total number of shares on March 15, 2021, and thereafter vest as to 1/12th of the total number of shares in equal quarterly installments until 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
F4 538,809 of the RSUs vest in four equal quarterly installments commencing March 15, 2021 and 263,810 of the RSUs vest in four equal quarterly installments commencing on March 15, 2022.