Medidata Solutions, Inc. 4
4 · Medidata Solutions, Inc. · Filed Feb 12, 2014
Insider Transaction Report
Form 4
Wilhite Steven
EVP, CHIEF MARKETING OFFICER
Transactions
- Award
Common Stock
2014-02-10+3,738→ 3,738 total - Award
Restricted Stock Units (Performance-Related)
2014-02-10+3,738→ 3,738 totalExercise: $0.00→ Common Stock (3,738 underlying)
Footnotes (2)
- [F1]Award of shares of restricted stock under the issuer's Second Amended & Restated 2009 Long-Term Incentive Plan (the "2009 LTIP") on February 10, 2014. The restrictions will lapse with respect to one-fourth of the shares on each of February 10, 2015, February 10, 2016, February 10, 2017 and February 10, 2018.
- [F2]Award of performance-based restricted stock units ("PBRSUs") under the 2009 LTIP on February 10, 2014. The number of PBRSUs reported represents a target grant 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 NASDAQ Composite Index for the year ending December 31, 2014. The actual number of shares that will be issued, if at all, in settlement of the PBRSUs may range from 0% to 200% of the target grant and will vest in equal annual installments on February 10, 2015, February 10, 2016 and February 10, 2017. The reporting person also received additional awarded PBRSUs, all subject to corporate financial performance metrics.