SEC Form 4 · accession 0001453814-16-000228
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil M Kurtz
Director
Period of report
May 25, 2016
Accepted (ET)
May 26, 2016 · 5:44 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 25, 2016 | M | 1,520 | $13.99 | A | 110,762 | D | |
| Common StockF1 | May 25, 2016 | S | 1,520 | $44.96 | D | 109,242 | D | |
| Common Stock | May 25, 2016 | S | 4,417 | $44.95 | D | 104,825 | 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 | $13.985 | May 25, 2016 | M | 1,520 | D | — | May 16, 2022 | Common Stock | 1,520 | 0 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $44.94 to $44.97. 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 are fully vested and exercisable.