SEC Form 4 · accession 0001209191-19-005307
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
Jan 23, 2019
Accepted (ET)
Jan 25, 2019 · 4:01 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 | Jan 23, 2019 | S | 7,400 | $54.171 | D | 2,437,034 | D | |
| Common StockF3 | Jan 23, 2019 | S | 600 | $55.016 | D | 2,436,434 | D | |
| Common StockF4 | Jan 24, 2019 | S | 8,000 | $54.444 | D | 2,428,434 | D | |
| Common StockF5,F6 | Jan 23, 2019 | S | 2,500 | $54.208 | D | 679,991 | I | See footnote |
| Common StockF7,F6 | Jan 24, 2019 | S | 2,500 | $54.441 | D | 677,491 | I | See footnote |
| Common StockF8 | holding | — | — | — | 700,000 | I | See footnote | |
| Common StockF9 | 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.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $53.92 to $54.89 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.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $54.92 to $55.105 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.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $54.24 to $54.76 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 $53.92 to $54.88 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.
- F6Shares held of record by the Miller Family Irrevocable Trust for which the Reporting Person's spouse serves as investment advisor.
- F7This sale price represents the weighted average sale price of the shares sold ranging from $54.21 to $54.66 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.
- F8Shares held of record by the Miller 2018 Family GRAT for which the Reporting Person's spouse serves as investment advisor.
- F9Shares held of record by the MST Trust for which the Reporting Person serves as investment advisor.