SEC Form 4 · accession 0001209191-16-127652
Cornerstone OnDemand Inc · CSOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James McGeever
Director
Period of report
Jun 8, 2016
Accepted (ET)
Jun 14, 2016 · 4:09 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 StockF1 | Jun 8, 2016 | A | 2,000 | $0.00 | A | 6,050 | D | |
| Common StockF2 | holding | — | — | — | 52,000 | I | See footnote |
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 | $42.95 | Jun 8, 2016 | A | 8,500 | A | Jun 8, 2017 | Jun 8, 2026 | Common Stock | 8,500 | 8,500 | D |
Explanation of responses
- F1Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest on the first anniversary of the grant date, subject to the Reporting Person's continued service as of such date.
- F2Shares are held by the James and Linda MeGeever Revocable Trust, for which the Reporting Person serves as trustee.
- F3All of the shares subject to the option will vest on the first anniversary of the grant date, subject to the Reporting Person's continued service as of such date.