Cornerstone OnDemand Inc 4
4 · Cornerstone OnDemand Inc · Filed Oct 2, 2013
Insider Transaction Report
Form 4
Payne Joseph P.
Director
Transactions
- Award
Stock Option (right to buy)
2013-09-30+12,000→ 12,000 totalExercise: $51.44From: 2014-09-30Exp: 2023-09-30→ Common Stock (12,000 underlying) - Award
Common Stock
2013-09-30+2,500→ 2,500 total
Footnotes (2)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the RSUs will vest on the first, second and third anniversaries of the grant date, subject to the Reporting Person continuing to be a Director through each such vesting date.
- [F2]One-third (1/3) of the shares subject to the option will vest on the first anniversary of the Vesting Commencement Date, and the remaining shares will vest in equal monthly installments over the following 24 months, subject to the Reporting Person continuing to be a Director through each such vesting date.