Cornerstone OnDemand Inc 4

4 · Cornerstone OnDemand Inc · Filed Sep 16, 2015

Form 4

Period: 2015-09-14

Vice President of Sales

Transactions

Exercise/Conversion
Common Stock
2015-09-14$12.54/sh+5,927$74,325→ 61,348 total
Exercise/Conversion
Employee Stock Option (right to buy)
2015-09-14−5,927→ 14,906 total
Exercise: $12.54Exp: 2021-10-01→ Common Stock (5,927 underlying)
Exercise/Conversion
Common Stock
2015-09-14$23.81/sh+21,571$513,606→ 82,919 total
Sale
Common Stock
2015-09-14$37.59/sh−27,498$1,033,622→ 55,421 total
Exercise/Conversion
Employee Stock Option (right to buy)
2015-09-14−10,568→ 5,563 total
Exercise: $23.81Exp: 2022-07-01→ Common Stock (10,568 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2015-09-14−11,003→ 0 total
Exercise: $23.81Exp: 2022-07-01→ Common Stock (11,003 underlying)

Footnotes (4)

[F1]This sale price represents the weighted average sale price of the shares sold ranging from $37.41 to $37.81 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.
[F2]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.
[F3]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.
[F4]The shares subject to the option are fully vested and exercisable.

Documents

1 file