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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1453814	Medidata Solutions Inc.	MDSO	Services-Prepackaged Software (7372)	522319066

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1569033	I. Michael Otner	C/O Medidata Solutions, Inc., 350 Hudson Street, 9Th Floor New York NY 10014	Evp-General Counsel	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-08-07	3,662	$7.00	73,421	No	4	M	Direct
Common Stock	Disposition	2014-08-07	3,662	$45.00	69,759	No	4	S	Direct
Common Stock	Disposition	2014-08-07	6,338	$44.75	63,609	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to buy)	Disposition	2014-08-07	3,662	$0.00	3,662	$7.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,158		2019-06-24	No	4	M	Direct

Footnotes

Such transaction was executed in multiple trades at prices ranging from $44.40 to $45.00. 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.
Included are 188 shares which were purchased pursuant to the terms of the Medidata Solutions, Inc. Employee Stock Purchase Plan.
These options are fully vested and exercisable.