DALZIEL BRUCE D 4
4 · Medidata Solutions, Inc. · Filed Jun 21, 2011
Insider Transaction Report
Form 4
DALZIEL BRUCE D
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2011-06-17$12.08/sh+12,000$144,960→ 89,391 total - Sale
Common Stock
2011-06-17$21.63/sh−12,000$259,532→ 77,391 total - Exercise/Conversion
Stock Option (right to buy)
2011-05-17−12,000→ 173,000 totalExercise: $12.08Exp: 2017-10-02→ Common Stock (12,000 underlying)
Footnotes (3)
- [F1]The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2011.
- [F2]Such transaction was executed in multiple trades at prices ranging from $21.30 to $21.80. 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.
- [F3]These options vested and become exercisable as to 25% of the underlying shares on September 10, 2008 and the remaining vest ratably each month over three years thereafter.