SEC Form 4 · accession 0001209191-19-018193
Cornerstone OnDemand Inc · CSOD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian L Swartz
Officer — Chief Financial Officer
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 5:12 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 | Mar 6, 2019 | S | 2,589 | $53.564 | D | 153,595 | D | |
| Common StockF3 | Mar 6, 2019 | S | 1,394 | $54.39 | D | 152,201 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold to cover tax obligations in connection with the vesting of restricted stock units. This sale is mandated by the terms of the RSU agreement between the Reporting Person and the Issuer, and does not represent a discretionary trade by the Reporting Person.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $53.07 to $54.06 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 $54.08 to $54.47 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.