SEC Form 4 · accession 0001453814-19-000063
Medidata Solutions, Inc. · MDSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Pray
Officer — EVP, GM Global Sales
Period of report
Mar 1, 2019
Accepted (ET)
Mar 4, 2019 · 4:46 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 Stock | Mar 1, 2019 | M | 10,000 | $49.70 | A | 77,134 | D | |
| Common Stock | Mar 1, 2019 | S | 10,000 | $76.50 | D | 67,134 | D | |
| Common Stock | Mar 1, 2019 | S | 5,000 | $76.50 | D | 62,134 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $49.70 | Mar 1, 2019 | M | 10,000 | D | — | Oct 14, 2026 | Common Stock | 10,000 | 18,802 | D |
Explanation of responses
- F1The options vested as to 25% of the shares on October 14, 2017 and 1/36th of the remaining options will become exercisable each month thereafter for the next 36 months.