SEC Form 4 · accession 0001453814-17-000067
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tarek Sherif
Officer — Chairman & CEO · Director
Period of report
Mar 2, 2017
Accepted (ET)
Mar 3, 2017 · 4:58 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 | Mar 2, 2017 | G | 2,100 | $0.00 | D | 825,820 | D | |
| Common StockF2,F3 | Mar 2, 2017 | S | 7,500 | $57.06 | D | 818,320 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Bona fide gift by the Reporting Person for no consideration.
- F2The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2016.
- F3Such transaction was executed in multiple trades at prices ranging from $56.60 to $57.38. 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.