SEC Form 4 · accession 0001209191-16-109447
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
Mar 16, 2016
Accepted (ET)
Mar 18, 2016 · 4:00 pm EDT
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 | Mar 16, 2016 | M | 2,500 | $18.48 | A | 24,706 | D | |
| Common StockF1 | Mar 16, 2016 | S | 4,000 | $31.822 | D | 20,706 | 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)F2 | $18.48 | Mar 16, 2016 | M | 2,500 | D | — | Jun 4, 2022 | Common Stock | 2,500 | 22,135 | D |
Explanation of responses
- F1This sale price represents the weighted average sale price of the shares sold ranging from $31.50 to $31.88 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.
- F2The shares subject to the option are fully vested and exercisable.