SEC Form 4 · accession 0001453814-18-000056
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 12, 2018
Accepted (ET)
Mar 13, 2018 · 4:37 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 | Mar 12, 2018 | M | 73,460 | $9.88 | A | 697,120 | D | |
| Common StockF1 | Mar 12, 2018 | S | 26,836 | $70.25 | D | 670,284 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $9.88 | Mar 12, 2018 | M | 73,460 | D | — | Aug 13, 2018 | Common Stock | 73,460 | 0 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $70.00 to $70.52. 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.