Nancy A. Altobello - 15 Oct 2021 Form 4 Insider Report for Cornerstone OnDemand Inc

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Oct 2021, 12:05:00 UTC
Prior SEC filing
03 Aug 2021
Next SEC filing
16 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Adam J. Weiss, by Power of Attorney

Key filing fact

Nancy A. Altobello filed Form 4 for Cornerstone OnDemand Inc on 18 Oct 2021.

Key facts

  • This page summarizes Nancy A. Altobello's Form 4 filing for Cornerstone OnDemand Inc.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Oct 2021, 12:05.

Change

  • Previous filing in this sequence was filed on 03 Aug 2021.
  • 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

Disposed to Issuer

Transaction value
Shares
-14,341
Change %
-100%
Price
Shares after
0
Date
15 Oct 2021
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Nancy A. Altobello is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Reflects disposition of Issuer restricted stock unit award (each, an "Issuer RSU") in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated August 5, 2021 (the "Merger Agreement"), by and among the Issuer, Sunshine Software Holdings, Inc., a Delaware corporation ("Parent"), and Sunshine Software Merger Sub, Inc., a Delaware corporation ("Merger Sub"), including the consummation of the merger (the "Merger") between the Issuer and Merger Sub on October 15, 2021.

Footnote F2

Pursuant to the Merger Agreement, at the Effective Time, each Issuer RSU owned by a non-employee member of Issuer's board of directors (each, a "Director RSU") was cancelled and converted into the right to receive cash in an amount equal to the product of (A) the aggregate number of shares of Issuer Common Stock subject to, or issuable in settlement of, such award immediately prior to the Effective Time, multiplied by (B) the Per Share Merger Consideration, subject to any required withholding of taxes.

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