Joseph Osnoss - 08 Jun 2021 Form 4 Insider Report for Cornerstone OnDemand Inc

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 08 Jun 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Jun 2021, 16:30:22 UTC
Next SEC filing: 28 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Joseph Osnoss

Key filing fact

Joseph Osnoss filed Form 4 for Cornerstone OnDemand Inc on 10 Jun 2021.

Key facts

This page summarizes Joseph Osnoss's Form 4 filing for Cornerstone OnDemand Inc.
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 10 Jun 2021, 16:30.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CSOD transaction

Common Stock

Award

Transaction value: $0
Shares: +5,067
Change %: +20%
Price: $0.000000
Shares after: 30,360
Date: 08 Jun 2021
Ownership: See footnote
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

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.

Footnote F2

These securities are held by Mr. Osnoss for the benefit of Silver Lake Technology Management, L.L.C., certain of its 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 are 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. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Osnoss is the beneficial owner of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and Mr. Osnoss disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.