SEC Form 4 · accession 0001453814-15-000069
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cory Douglas
Officer — Chief Financial Officer
Period of report
Apr 28, 2015
Accepted (ET)
Apr 30, 2015 · 4:56 pm EDT
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 | Apr 28, 2015 | M | 12,333 | $13.98 | A | 161,851 | D | |
| Common StockF1 | Apr 28, 2015 | S | 12,333 | $55.2914 | D | 149,518 | 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 | $13.98 | Apr 28, 2015 | M | 12,333 | D | — | May 16, 2022 | Common Stock | 8,469 | 8,469 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $54.87 to $55.36. 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 48 equal monthly installments commencing one month after the grant date, subject to continued employment.