SEC Form 4 · accession 0001453814-15-000132
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eileen Schloss
Other
Period of report
Nov 10, 2015
Accepted (ET)
Nov 12, 2015 · 5:01 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 StockF1 | Nov 10, 2015 | M | 8,289 | $18.755 | A | 47,001 | D | |
| Common StockF1 | Nov 10, 2015 | M | 2,128 | $18.755 | A | 49,129 | D | |
| Common StockF2,F1 | Nov 10, 2015 | S | 10,417 | $44.537 | D | 38,712 | 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 | $18.755 | Nov 10, 2015 | M | 8,289 | D | — | Oct 29, 2022 | Common Stock | 8,289 | 19,892 | D |
| Stock Option (right to buy)F3 | $18.755 | Nov 10, 2015 | M | 2,128 | D | — | Oct 29, 2022 | Common Stock | 2,128 | 5,106 | D |
Explanation of responses
- F1Included are 206 shares which were purchased pursuant to the terms of the Medidata Solutions, Inc. Employee Stock Purchase Plan on June 30, 2015.
- F2Such transaction was executed in multiple trades at prices ranging from $44.50 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.
- F3The 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