SEC Form 4 · accession 0001209191-16-101356
Cornerstone OnDemand Inc · CSOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R C Mark Baker
Director
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001401680
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2016 | M | 2,000 | $18.24 | A | 25,206 | D | |
| Common StockF1 | Feb 19, 2016 | S | 3,000 | $26.203 | D | 22,206 | D | |
| Common Stock | Feb 22, 2016 | M | 1,000 | $18.24 | A | 23,206 | D | |
| Common Stock | Feb 22, 2016 | M | 1,000 | $18.48 | A | 24,206 | D | |
| Common StockF2 | Feb 22, 2016 | S | 2,000 | $27.44 | D | 22,206 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $18.24 | Feb 19, 2016 | M | 2,000 | D | — | Jan 1, 2022 | Common Stock | 2,000 | 1,000 | D |
| Stock Option (right to buy)F3 | $18.24 | Feb 22, 2016 | M | 1,000 | D | — | Jan 1, 2022 | Common Stock | 1,000 | 0 | D |
| Stock Option (right to buy)F3 | $18.48 | Feb 22, 2016 | M | 1,000 | D | — | Jun 4, 2022 | Common Stock | 1,000 | 24,635 | D |
Explanation of responses
- F1This sale price represents the weighted average sale price of the shares sold ranging from $26.15 to $26.2865 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $27.43 to $27.44 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3The shares subject to the option are fully vested and exercisable.