Osnoss Joseph 4
4 · Cornerstone OnDemand Inc · Filed Jun 13, 2019
Insider Transaction Report
Form 4
Osnoss Joseph
Director
Transactions
- Award
Common Stock
2019-06-11+4,086→ 19,470 total(indirect: See footnote)
Footnotes (3)
- [F1]This Form 4 is filed by SLA Chicago Holdings, L.P. ("SLA Chicago"), SLA Chicago Co-Invest II, L.P. ("Co-Invest"), SLA Chicago GP, L.L.C. ("SLA Chicago GP"), SLA Co-Invest, GP, L.L.C., ("Co-Invest GP"), Silver Lake Alpine Associates, L.P. ("SLAA"), SLAA (GP), L.L.C. ("SLAA GP"), Silver Lake Group, L.L.C. ("SLG") and Mr. Joseph Osnoss. SLA Chicago GP is the general partner of SLA Chicago. Co-Invest GP is the general partner of Co-Invest. SLAA is the managing member of SLA Chicago GP. SLAA GP is the general partner of SLAA. SLG is the managing member of SLAA GP and Co-Invest GP. Mr. Osnoss serves as a member of the board of directors of Cornerstone OnDemand, Inc. (the "Issuer") and is a Managing Director of SLG. Each of SLA Chicago, Co-Invest, SLA Chicago GP, Co-Invest GP, SLAA, SLAA GP and SLG may be deemed to be a director by deputization of the Issuer.
- [F2]Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest on the earlier of (i) the first anniversary of the grant date, or (ii) the date of the next annual meeting of shareholders, in each case subject to Mr. Osnoss's continued service as of such date.
- [F3]These securities may be held by Mr. Osnoss for the benefit of one or more Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Mr. Osnoss serves as a director of the Issuer. Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from such sale may be expected to be remitted to Silver Lake and/or its limited partners. Mr. Osnoss, through his role at Silver Lake, may be deemed to have an indirect interest in the securities reported herein.