4//SEC Filing
Alvaro Felicia 4
Accession 0001209191-21-060662
CIK 0001401680other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 12:05 PM ET
Size
5.7 KB
Accession
0001209191-21-060662
Insider Transaction Report
Form 4
Alvaro Felicia
Director
Transactions
- Disposition to Issuer
Common Stock
2021-10-15−14,341→ 0 total
Footnotes (2)
- [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.
- [F2]Pursuant to the Merger Agreement, as of the effective time of the Merger (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.
Documents
Issuer
Cornerstone OnDemand Inc
CIK 0001401680
Entity typeother
Related Parties
1- filerCIK 0001739488
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 12:05 PM ET
- Size
- 5.7 KB