Home > Insider Trading > Filing (0001453814-15-000053)

Filing Details

Accession Number:: 0001453814-15-000053
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-02-18 16:58:07
Reporting Period:: 2015-02-13

Filing Date:: 2015-02-18
Accepted Time:: 2015-02-18 16:58:07
SEC Url:: Form 4 Filing

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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-02-13	13,378	$0.00	76,652	No	4	A	Direct
Common Stock	Disposition	2015-02-13	7,423	$46.58	69,229	No	4	F	Direct
Common Stock	Disposition	2015-02-17	11,010	$46.75	58,219	No	4	S	Direct

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

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units (Performance-Related)	Acquisiton	2015-02-13	13,378	$0.00	13,378	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
13,378			No	4	A	Direct

Footnotes

Award of shares of restricted stock under the issuer's Second Amended & Restated 2009 Long-Term Incentive Plan (the "2009 LTIP") on February 13, 2015. The restrictions will lapse with respect to one-fourth of the shares on each of February 13, 2016, February 13, 2017, February 13, 2018, and February 13, 2019.
Shares withheld by Medidata to satisfy the tax withholding obligation in connection with the vesting of previously awarded restricted stock.
Such transaction was executed in multiple trades at prices ranging from $46.75 to $46.91. 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.
Award of PBRSUs under the 2009 LTIP on February 13, 2015. The number of PBRSUs reported represents a target amount. Each PBRSU represents a contingent right to receive 0-200% of that target number of shares of the issuer's common stock, based on the issuer's TSR as compared to the TSR of companies in the Russell 2000 Index as follows: (i) 1/3 of the units will become earned based on relative TSR performance for the one year ended December 31, 2015, (ii) 1/3 of the units will become earned based on the cumulative relative TSR for the two years ending December 31, 2016 and (iii) 1/3 of the units will become earned based on cumulative relative TSR for the three years ending December 31, 2017. The shares will vest immediately upon being earned.