SEC Form 4 · accession 0001209191-18-063794
Cornerstone OnDemand Inc · CSOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam L Miller
Officer — Chief Executive Officer · Director
Period of report
Dec 18, 2018
Accepted (ET)
Dec 20, 2018 · 9:37 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 StockF2,F3 | Dec 18, 2018 | S | 6,400 | $51.676 | D | 3,270,034 | D | |
| Common StockF4 | Dec 18, 2018 | S | 1,600 | $52.00 | D | 3,268,434 | D | |
| Common StockF5 | Dec 19, 2018 | S | 1,748 | $51.325 | D | 3,266,686 | D | |
| Common StockF6 | Dec 19, 2018 | S | 3,677 | $52.662 | D | 3,263,009 | D | |
| Common StockF7 | Dec 19, 2018 | S | 2,575 | $53.094 | D | 3,260,434 | D | |
| Common StockF8,F3,F9 | Dec 18, 2018 | S | 2,300 | $51.743 | D | 690,191 | I | See footnote |
| Common StockF10,F9 | Dec 18, 2018 | S | 200 | $52.073 | D | 689,991 | I | See footnote |
| Common StockF11,F9 | Dec 19, 2018 | S | 500 | $51.374 | D | 689,491 | I | See footnote |
| Common StockF12,F9 | Dec 19, 2018 | S | 2,000 | $52.817 | D | 687,491 | I | See footnote |
| Common StockF13 | holding | — | — | — | 300,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F10This sale price represents the weighted average sale price of the shares sold ranging from $52.01 to $52.135 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.
- F11This sale price represents the weighted average sale price of the shares sold ranging from $51.10 to $51.68 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.
- F12This sale price represents the weighted average sale price of the shares sold ranging from $52.18 to $53.16 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.
- F13Shares held of record by the MST Trust for which the Reporting Person serves as investment advisor.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $50.95 to $51.945 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.
- F3Reflects the updated allocation of holdings between the Reporting Person and the Miller Family Irrevocable Trust.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $51.95 to $52.19 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.
- F5This sale price represents the weighted average sale price of the shares sold ranging from $50.85 to $51.70 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.
- F6This sale price represents the weighted average sale price of the shares sold ranging from $51.95 to $52.94 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.
- F7This sale price represents the weighted average sale price of the shares sold ranging from $52.96 to $53.26 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.
- F8This sale price represents the weighted average sale price of the shares sold ranging from $51.01 to $51.92 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.
- F9Shares held of record by the Miller Family Irrevocable Trust for which the Reporting Person's spouse serves as investment advisor.