0001209191-21-016498.txt : 20210302 0001209191-21-016498.hdr.sgml : 20210302 20210302193947 ACCESSION NUMBER: 0001209191-21-016498 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210227 FILED AS OF DATE: 20210302 DATE AS OF CHANGE: 20210302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lautenbach Jeff CENTRAL INDEX KEY: 0001651291 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35098 FILM NUMBER: 21706257 MAIL ADDRESS: STREET 1: 1601 CLOVERFIELD BLVD., SUITE 620 SOUTH CITY: SANTA MONICA STATE: CA ZIP: 90404 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Cornerstone OnDemand Inc CENTRAL INDEX KEY: 0001401680 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1601 CLOVERFIELD BLVD STREET 2: SUITE 620 CITY: SANTA MONICA STATE: CA ZIP: 90404 BUSINESS PHONE: 310-752-0200 MAIL ADDRESS: STREET 1: 1601 CLOVERFIELD BLVD STREET 2: SUITE 620 CITY: SANTA MONICA STATE: CA ZIP: 90404 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-02-27 0 0001401680 Cornerstone OnDemand Inc CSOD 0001651291 Lautenbach Jeff C/O CORNERSTONE ONDEMAND, INC. 1601 CLOVERFIELD BLVD., SUITE 620 SOUTH SANTA MONICA CA 90404 0 1 0 0 President, Global Field Ops Common Stock 2021-02-27 4 A 0 53150 0.00 A 126640 D Common Stock 2021-02-27 4 A 0 13458 0.00 A 140098 D Common Stock 2021-03-02 4 S 0 10065 51.697 D 130033 D Common Stock 2021-03-02 4 S 0 716 52.204 D 129317 D Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the total RSUs will vest on February 27, 2022, and the remaining RSUs will vest in equal quarterly increments thereafter, subject to the Reporting Person's continued service as of each such vesting date. Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan. Represents the acquisition of shares upon the determination of the Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance-based RSUs granted to the Reporting Person on February 27, 2018. Shares sold pursuant to a Rule 10b5-1 trading plan to cover tax obligations in connection with the vesting of restricted stock units and performance-based restricted stock units. This sale price represents the weighted average sale price of the shares sold ranging from $51.15 to $52.12 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. This sale price represents the weighted average sale price of the shares sold ranging from $52.15 to $52.36 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. /s/ Adam J. Weiss, by Power of Attorney 2021-03-02