SEC Form 4 · accession 0001453814-18-000106
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael I. Otner
Officer — EVP-General Counsel
Period of report
Jul 24, 2018
Accepted (ET)
Jul 26, 2018 · 4:12 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 StockF1,F2,F3 | Jul 24, 2018 | S | 6,000 | $80.92 | D | 68,336 | D | |
| Common StockF1,F4 | Jul 24, 2018 | S | 3,288 | $81.22 | D | 65,048 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 8, 2018.
- F2Such transaction was executed in multiple trades at prices ranging from $79.50 to $82.18. 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.
- F3Included are 171 shares which were purchased pursuant to the terms of the Medidata Solutions, Inc. Employee Stock Purchase Plan on June 29, 2018.
- F4Such transaction was executed in multiple trades at prices ranging from $79.02 to $82.01. 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.