SEC Form 4 · accession 0001453814-15-000099
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eileen Schloss
Other
Period of report
May 29, 2015
Accepted (ET)
Jun 1, 2015 · 5:39 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 | May 29, 2015 | M | 1,658 | $18.75 | A | 40,164 | D | |
| Common Stock | May 29, 2015 | M | 426 | $18.75 | A | 40,590 | D | |
| Common StockF1 | May 29, 2015 | S | 2,084 | $57.10 | D | 38,506 | 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 | $18.755 | May 29, 2015 | M | 1,658 | D | — | Oct 29, 2022 | Common Stock | 1,658 | 28,181 | D |
| Stock Option (right to buy)F2 | $18.755 | May 29, 2015 | M | 426 | D | — | Oct 29, 2022 | Common Stock | 426 | 7,234 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $57.07 to $57.115. 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.
- F2The options vested as to 25% of the shares on October 29, 2013 and 1/36th of the remaining options will become exercisable each month thereafter for the next 36 months.