SEC Form 4 · accession 0001453814-15-000004
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Cory Douglas
Officer — Chief Financial Officer
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 6:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001453814
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 9, 2015 | M | 2,000 | $12.08 | A | 149,018 | D | |
| Common Stock | Feb 9, 2015 | M | 25,526 | $8.22 | A | 174,544 | D | |
| Common Stock | Feb 9, 2015 | M | 10,474 | $13.98 | A | 185,018 | D | |
| Common StockF1 | Feb 9, 2015 | S | 38,000 | $44.2405 | D | 147,018 | D | |
| Common StockF2 | Feb 10, 2015 | F | 1,349 | $45.38 | D | 145,669 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $12.08 | Feb 9, 2015 | M | 2,000 | D | — | Jan 10, 2018 | Common Stock | 2,000 | 3,000 | D |
| Stock Option (right to buy)F4 | $8.22 | Feb 9, 2015 | M | 25,526 | D | — | Oct 1, 2021 | Common Stock | 25,526 | 20,372 | D |
| Stock Option (right to buy)F4 | $13.98 | Feb 9, 2015 | M | 10,474 | D | — | May 16, 2022 | Common Stock | 10,474 | 0 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $44.15 to $44.63. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Shares withheld by Medidata to satisfy the tax withholding obligation in connection with the vesting of previously awarded restricted stock.
- F3These options are fully vested and exercisable.
- F4These options vest in 48 equal monthly installments commencing one month after the grant date, subject to continued employment.