Robert G. Bearden - 08 Oct 2021 Form 4 Insider Report for Cloudera, Inc.

Reporting relationship: Chief Executive Officer
Issuer ticker: N/A
Reported as of: 08 Oct 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Oct 2021, 20:58:26 UTC
Prior SEC filing: 16 Sep 2021
Source filing: View source filing
Reporting owner signature: /s/ Robert Bearden by David Howard, Attorney-in-Fact

Key filing fact

Robert G. Bearden filed Form 4 for Cloudera, Inc. on 13 Oct 2021.

Key facts

This page summarizes Robert G. Bearden's Form 4 filing for Cloudera, Inc..
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 13 Oct 2021, 20:58.

Change

Previous filing in this sequence was filed on 16 Sep 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CLDR transaction

Common Stock

Options Exercise

Transaction value
Shares: +976,004
Change %: +242%
Price
Shares after: 1,379,404
Date: 08 Oct 2021
Ownership: Direct
Footnotes: F1

CLDR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -1,379,404
Change %: -100%
Price
Shares after: 0
Date: 08 Oct 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CLDR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -976,004
Change %: -100%
Price
Shares after: 0
Date: 08 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 976,004
Exercise price
Footnotes: F1

CLDR transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares: -438,908
Change %: -100%
Price
Shares after: 0
Date: 08 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 438,908
Exercise price: $3.65
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Robert G. Bearden is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote 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 converted into the right to receive $16.00 in cash (the "Merger Consideration"), subject to any continued vesting conditions in accordance with the terms of the Merger Agreement.

Footnote F2

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 the stock option equal to the difference between the Merger Consideration and the exercise price per share.