SEC Form 4 · accession 0001209191-16-122124
Cornerstone OnDemand Inc · CSOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam J. Weiss
Officer — SVP Admin. & General Counsel
Period of report
May 18, 2016
Accepted (ET)
May 20, 2016 · 4:03 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 | May 18, 2016 | M | 1,000 | $1.26 | A | 37,275 | D | |
| Common StockF1 | May 18, 2016 | S | 1,200 | $37.002 | D | 36,075 | D | |
| Common Stock | May 20, 2016 | M | 1,672 | $1.26 | A | 37,747 | D | |
| Common Stock | May 20, 2016 | S | 1,800 | $37.00 | D | 35,947 | 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 | $1.26 | May 18, 2016 | M | 1,000 | D | — | Dec 30, 2019 | Common Stock | 1,000 | 6,850 | D |
| Stock Option (right to buy)F2 | $1.26 | May 20, 2016 | M | 1,672 | D | — | Dec 30, 2019 | Common Stock | 1,672 | 5,178 | D |
Explanation of responses
- F1This sale price represents the weighted average sale price of the shares sold ranging from $37.00 to $37.01 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.