SEC Form 4 · accession 0001453814-16-000275
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
Jul 29, 2016
Accepted (ET)
Aug 2, 2016 · 4:46 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 | Jul 29, 2016 | M | 425 | $18.755 | A | 29,013 | D | |
| Common Stock | Jul 29, 2016 | M | 1,658 | $18.755 | A | 30,671 | D | |
| Common StockF1 | Jul 29, 2016 | S | 2,083 | $53.04 | D | 28,588 | 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 | Jul 29, 2016 | M | 425 | D | — | Oct 29, 2022 | Common Stock | 425 | 1,277 | D |
| Stock Option (right to buy)F2 | $18.755 | Jul 29, 2016 | M | 1,658 | D | — | Oct 29, 2022 | Common Stock | 1,658 | 4,973 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $53.02 to $53.06. 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.