SEC Form 4 · accession 0001453814-16-000136
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eileen Schloss
Officer — EVP, HUMAN RESOURCES
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 5:22 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 StockF2 | Dec 31, 2015 | A | 104,058 | $0.00 | A | 142,977 | D | |
| Common StockF3 | Dec 31, 2015 | F | 53,663 | $49.29 | D | 89,314 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common stock ultimately earned in connection with a performance based restricted stock unit award issued on February 14, 2013. These shares were earned based on the company's revenue compound annual growth rate and total stockholder return over the three-year period from January 1, 2013 through December 31, 2015 and are fully vested.
- F2Included are 207 shares which were purchased pursuant to the terms of the Medidata Solutions, Inc. Employee Stock Purchase Plan on December 31, 2015.
- F3Shares withheld by Medidata to satisfy the tax withholding obligation in connection with the vesting of the common stock earned as described in footnote 1.