SEC Form 4 · accession 0001453814-15-000008
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Taylor
Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 11, 2015 · 6:17 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 10, 2015 | M | 11,820 | $14.00 | A | 67,610 | D | |
| Common Stock | Feb 10, 2015 | M | 5,924 | $15.35 | A | 73,534 | D | |
| Common Stock | Feb 10, 2015 | M | 5,214 | $27.97 | A | 78,748 | D | |
| Common Stock | Feb 10, 2015 | M | 5,714 | $11.495 | A | 84,462 | D | |
| Common StockF1 | Feb 10, 2015 | S | 28,672 | $44.0722 | D | 55,790 | 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)F2,F3 | $14.00 | Feb 10, 2015 | M | 11,820 | D | — | Jun 24, 2019 | Common Stock | 23,640 | 11,820 | D |
| Stock Option (right to buy)F2,F3 | $15.35 | Feb 10, 2015 | M | 5,924 | D | — | May 18, 2020 | Common Stock | 5,924 | 0 | D |
| Stock Option (right to buy)F2,F3 | $27.97 | Feb 10, 2015 | M | 5,214 | D | — | May 16, 2022 | Common Stock | 5,214 | 0 | D |
| Stock Option (right to buy)F2,F3 | $22.99 | Feb 10, 2015 | M | 5,714 | D | — | May 21, 2021 | Common Stock | 5,714 | 0 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $44.00 to $44.14. 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.
- F2These options vest in 24 equal monthly installments commencing one month after the grant date, subject to continued employment.
- F3The total number of shares beneficially owned by the reporting person has been adjusted to reflect the Company's two-for-one stock split, which became effective on December 16, 2013.