SEC Form 4 · accession 0001209191-17-043985
Cornerstone OnDemand Inc · CSOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Joseph Carter
Officer — Chief Sales Officer
Period of report
Jul 3, 2017
Accepted (ET)
Jul 6, 2017 · 4:11 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,F2,F3 | Jul 3, 2017 | S | 7,205 | $34.407 | D | 92,166 | D | |
| Common StockF1,F4,F3 | Jul 3, 2017 | S | 526 | $35.145 | D | 91,640 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares that were sold pursuant to a Rule 10b5-1 trading plan to cover tax obligations in connection with the vesting of restricted stock units.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $34.00 to $34.95 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.
- F3Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $35.00 to $35.24 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.