Paul J. Cormier - 08 Oct 2021 Form 4 Insider Report for Cloudera, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Oct 2021, 20:51:34 UTC
Prior SEC filing
17 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul Cormier by David Howard, Attorney-in-Fact

Key filing fact

Paul J. Cormier filed Form 4 for Cloudera, Inc. on 13 Oct 2021.

Key facts

  • This page summarizes Paul J. Cormier's Form 4 filing for Cloudera, Inc..
  • 10 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 13 Oct 2021, 20:51.

Change

  • Previous filing in this sequence was filed on 17 Jun 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

Gift

Transaction value
$0
Shares
-10,922
Change %
-8.6%
Price
$0.000000
Shares after
115,989
Date
22 Sep 2021
Ownership
Held by PAUL J CORMIER TTEE THE PAUL J CORMIER GRANTOR RETAINED ANNUITY TRUST OF 2019 U/D/T 9/9/2019
Footnotes
F1
CLDR transaction

Common Stock

Gift

Transaction value
$0
Shares
+10,922
Change %
Price
$0.000000
Shares after
10,922
Date
22 Sep 2021
Ownership
Paul J. Cormier Irrevocable Trust of 2018
Footnotes
F1
CLDR transaction

Common Stock

Gift

Transaction value
$0
Shares
-52,389
Change %
-45%
Price
$0.000000
Shares after
63,600
Date
22 Sep 2021
Ownership
Held by PAUL J CORMIER TTEE THE PAUL J CORMIER GRANTOR RETAINED ANNUITY TRUST OF 2019 U/D/T 9/9/2019
Footnotes
F1
CLDR transaction

Common Stock

Gift

Transaction value
$0
Shares
+52,389
Change %
+480%
Price
$0.000000
Shares after
63,311
Date
22 Sep 2021
Ownership
Paul J. Cormier Irrevocable Trust of 2018
Footnotes
F1
CLDR transaction

Common Stock

Gift

Transaction value
$0
Shares
-63,600
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Sep 2021
Ownership
Held by PAUL J CORMIER TTEE THE PAUL J CORMIER GRANTOR RETAINED ANNUITY TRUST OF 2019 U/D/T 9/9/2019
Footnotes
F2
CLDR transaction

Common Stock

Gift

Transaction value
$0
Shares
+63,600
Change %
+39%
Price
$0.000000
Shares after
225,621
Date
22 Sep 2021
Ownership
Direct
Footnotes
F2
CLDR transaction

Common Stock

Options Exercise

Transaction value
Shares
+14,521
Change %
+6.4%
Price
Shares after
240,142
Date
08 Oct 2021
Ownership
Direct
Footnotes
F4, F5
CLDR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-240,142
Change %
-100%
Price
Shares after
0
Date
08 Oct 2021
Ownership
Direct
Footnotes
F3, F4
CLDR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-63,311
Change %
-100%
Price
Shares after
0
Date
08 Oct 2021
Ownership
Paul J. Cormier Irrevocable Trust of 2018
Footnotes
F3, F4

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
-14,521
Change %
-100%
Price
Shares after
0
Date
08 Oct 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,521
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Paul J. Cormier is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Reflects the transfer of shares previously held indirectly by the Reporting Person into a trust.

Footnote F2

Reflects the transfer of 63,600 shares previously held indirectly by the Reporting Person to the Reporting Person directly.

Footnote F3

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, each outstanding share of common stock, par value $0.01 per share, of the Company ("Company Share") (other than Owned Company Shares or Dissenting Company Shares) was thereupon canceled and converted into the right to receive $16.00 in cash (the "Merger Consideration"), with the Company surviving the merger.

Footnote F4

Pursuant to the Merger Agreement, the Reporting Person disposed of all Company Shares beneficially owned by it, and received the Merger Consideration for each Company Share.

Footnote F5

Pursuant to the Merger Agreement, each Restricted Stock Unit held by the Reporting Person was cancelled in exchange for the Merger Consideration.

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