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ALTERYX, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

12/03/2019 | 05:19pm

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

On December 3, 2019, Alteryx, Inc. (the "Company") announced the appointment of
Scott Davidson as Chief Operating Officer of the Company, effective December 1,
Mr. Davidson, 54, previously served as Chief Financial Officer of Docker, Inc.,
from June 2019 to November 2019, and as Chief Operating Officer and Chief
Financial Officer of Hortonworks, Inc., a data software company, from July 2017
to January 2019 and exclusively as Chief Financial Officer from April 2014 to
July 2017. Prior to that, Mr. Davidson served as Chief Financial Officer of
Quest Software Inc., a software company, from 2007 to 2012. Mr. Davidson holds a
B.S. in finance from Florida Atlantic University and an M.B.A. from the
University of Miami.
In connection with his appointment as Chief Operating Officer, pursuant to the
terms of an offer letter, dated October 16, 2019, between Mr. 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 of Mr. Davidson's
employment, the Company will guarantee a bonus payment of $400,000 to occur in
March 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 of January 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 between Mr. Davidson and any director or
executive officer of the Company, and Mr. 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 the
Securities and Exchange Commission on February 24, 2017.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.
No. Description
99.1 Press Release dated December 3, 2019 .

Cover Page Interactive Data File - the cover page XBRL tags are
104 embedded within the Inline XBRL document.


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