Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnDecember 3, 2019 ,Alteryx, Inc. (the "Company") announced the appointment ofScott Davidson as Chief Operating Officer of the Company, effectiveDecember 1, 2019 .Mr. Davidson , 54, previously served as Chief Financial Officer ofDocker, Inc. , fromJune 2019 toNovember 2019 , and as Chief Operating Officer and Chief Financial Officer of Hortonworks, Inc., a data software company, fromJuly 2017 toJanuary 2019 and exclusively as Chief Financial Officer fromApril 2014 toJuly 2017 . Prior to that,Mr. Davidson served as Chief Financial Officer ofQuest Software Inc. , a software company, from 2007 to 2012.Mr. Davidson holds a B.S. in finance fromFlorida Atlantic University and an M.B.A. from theUniversity of Miami . In connection with his appointment as Chief Operating Officer, pursuant to the terms of an offer letter, datedOctober 16, 2019 , betweenMr. Davidson and the Company (the "Offer Letter"),Mr. Davidson will receive an annual base salary of$435,000 , a one-time$100,000 signing bonus, and will be eligible to participate in the Company's Discretionary Bonus Plan and receive a discretionary annual bonus of 85% of his base salary. For the first year ofMr. Davidson's employment, the Company will guarantee a bonus payment of$400,000 to occur inMarch 2021 . Pursuant to the Offer Letter,Mr. Davidson will also be granted equity awards consisting of restricted stock units with a grant date value of$3,500,000 (the "RSU Award") and non-qualified stock options with a grant date value of$3,500,000 (the "Option Award"). The RSU Award will be subject to a vesting term of three years with one-third of the total shares subject to the RSU Award vesting on the first anniversary ofJanuary 1, 2020 (the "Vesting Commencement Date") and the balance of the award vesting in equal annual installments over the following two years. The Option Award will be subject to a vesting term of three years with one-third of the award vesting on the first anniversary of the Vesting Commencement Date and the balance of the aware vesting ratably each month thereafter. There are no family relationships betweenMr. Davidson and any director or executive officer of the Company, andMr. Davidson has no direct or indirect material interest in any "related party" transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Mr. Davidson will enter into the Company's standard form of indemnity agreement and has entered into the Company's standard form of severance and change in control agreement which are filed as Exhibits 10.1 and 10.10 to the Company's Registration Statement on Form S-1 (file no. 333-216237) as filed with theSecurities and Exchange Commission onFebruary 24, 2017 .
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Press Release datedDecember 3, 2019 . Cover Page Interactive Data File - the cover page XBRL tags are 104 embedded within the Inline XBRL document.
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