Filing Details
- Accession Number:
- 0001209191-20-014719
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-02 18:31:12
- Reporting Period:
- 2020-02-27
- Accepted Time:
- 2020-03-02 18:31:12
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1401680 | Cornerstone Ondemand Inc | CSOD | Services-Prepackaged Software (7372) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1513581 | L Adam Miller | C/O Cornerstone Ondemand, Inc. 1601 Cloverfield Blvd., Suite 620 South Santa Monica CA 90404 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-02-27 | 51,090 | $0.00 | 2,369,539 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2020-02-28 | 13,456 | $40.87 | 2,356,083 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 469,046 | Indirect | See footnote |
| Common Stock | 498,026 | Indirect | See footnote |
| Common Stock | 300,000 | Indirect | See footnote |
Footnotes
- Each share is represented by a Restricted Stock Unit ("RSU"). One-fourth (1/4) of the total RSUs will vest on each of the first four (4) anniversaries of February 27, 2020, subject to the Reporting Person's continued service as of each such vesting date.
- Shares 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.
- This sale price represents the weighted average sale price of the shares sold ranging from $40.66 to $41.06 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.
- Shares held of record by the Miller Family Irrevocable Trust for which the Reporting Person's spouse serves as investment advisor.
- Shares held of record by the Miller 2018 Family GRAT for which the Reporting Person's spouse serves as investment advisor.
- Shares held of record by the MST Trust for which the Reporting Person serves as investment advisor.
Billionaire Hedge Funds
