SEC Form 4 · accession 0001209191-19-012536
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
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 4:16 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 | Feb 20, 2019 | S | 8,000 | $56.972 | D | 2,404,434 | D | |
| Common StockF3 | Feb 21, 2019 | S | 8,000 | $57.697 | D | 2,396,434 | D | |
| Common StockF4,F5 | Feb 20, 2019 | S | 2,500 | $56.945 | D | 669,991 | I | See footnote |
| Common StockF6,F5 | Feb 21, 2019 | S | 2,500 | $57.706 | D | 667,491 | I | See footnote |
| Common StockF7 | holding | — | — | — | 700,000 | I | See footnote | |
| Common StockF8 | 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 $56.61 to $57.36 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 $57.165 to $57.94 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.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $56.62 to $57.35 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.
- F5Shares held of record by the Miller Family Irrevocable Trust for which the Reporting Person's spouse serves as investment advisor.
- F6This sale price represents the weighted average sale price of the shares sold ranging from $57.18 to $57.88 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.
- F7Shares held of record by the Miller 2018 Family GRAT for which the Reporting Person's spouse serves as investment advisor.
- F8Shares held of record by the MST Trust for which the Reporting Person serves as investment advisor.