Filing Details

Accession Number:
0001181431-14-007621
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-19 16:02:38
Reporting Period:
2014-02-14
Filing Date:
2014-02-19
Accepted Time:
2014-02-19 16:02:38
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
1513542 Joseph David Carter C/O Cornerstone Ondemand, Inc.
1601 Clovefield Blvd., Suite 620 South
Santa Monica CA 90404
Senior Vice President Of Sales No 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 2014-02-14 30,000 $0.53 51,260 No 4 M Direct
Common Stock Acquisiton 2014-02-14 18,621 $12.54 69,881 No 4 M Direct
Common Stock Acquisiton 2014-02-14 12,866 $21.83 82,747 No 4 M Direct
Common Stock Disposition 2014-02-14 27,643 $57.36 55,104 No 4 S Direct
Common Stock Disposition 2014-02-14 3,844 $58.44 51,260 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2014-02-14 30,000 $0.00 30,000 $0.53
Common Stock Employee Stock Option (right to buy) Disposition 2014-02-14 18,621 $0.00 18,621 $12.54
Common Stock Employee Stock Option (right to buy) Disposition 2014-02-14 9,630 $0.00 9,630 $21.83
Common Stock Employee Stock Option (right to buy) Disposition 2014-02-14 3,236 $0.00 3,236 $21.83
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-12-30 No 4 M Direct
20,833 2021-10-01 No 4 M Direct
16,131 2022-07-01 No 4 M Direct
11,003 2022-07-01 No 4 M Direct
Footnotes
  1. This sale price represents the weighted average sale price of the shares sold ranging from $57.00 to $57.98 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.
  2. This sale price represents the weighted average sale price of the shares sold ranging from $58.00 to $58.93 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.
  3. The shares subject to the option are fully vested and exercisable.
  4. One-fourth the shares subject to the option vested on October 1, 2012 and one forty-eighth of the shares will vest monthly thereafter, provided that the Reporting Person is a service provider through each such vesting date.
  5. One-fourth of the shares subject to the option vested on July 1, 2013 and one forty-eighth of the shares shall vest monthly thereafter, provided that the Reporting Person is a service provider on each such vesting date.
  6. One-third of the shares subject to the option vested on July 1, 2013 and one thirty-sixth of the shares shall vest monthly thereafter, provided that the Reporting Person is a service provider on each such vesting date.