McCulloch George 4
4 · Medidata Solutions, Inc. · Filed Jun 15, 2010
Insider Transaction Report
Form 4
McCulloch George
Director
Transactions
- Other
Common Stock
2010-06-14+4,631→ 13,088 total
Footnotes (2)
- [F1]Mr. McCulloch is contractually obligated to his former employer, Insight Venture Management, LLC, to surrender all compensation he receives from the Issuer, including all stock, stock options, restricted stock and other forms of stock-based awards. Mr. McCulloch therefore disclaims beneficial ownership of 8,457 restricted shares, except to the extent of his pecuniary interest.
- [F2]On June 14, 2010, Insight Holdings Group, LLC made a pro-rata distribution of shares of common stock of the issuer that it previously received from Insight Venture Associates IV, LLC to its members. Mr. McCulloch received 4,631 shares pursuant to the distribution.