Medidata Solutions, Inc. 4
4 · Medidata Solutions, Inc. · Filed Feb 27, 2017
Insider Transaction Report
Form 4
Hirschfeld Steven Isaac
EVP-Global Sales and Alliances
Transactions
- Exercise/Conversion
Common Stock
2017-02-24+9,439→ 35,874 total - Tax Payment
Common Stock
2017-02-24$55.60/sh−3,814$212,058→ 32,060 total - Tax Payment
Common Stock
2017-02-24$55.60/sh−3,304$183,702→ 28,756 total
Footnotes (3)
- [F1]Represents restricted stock units earned in connection with a performance-based restricted stock unit ("PBRSU") award on February 13, 2015, based on achievement of certain TSR performance targets for the two years ended December 31, 2016. The restricted stock units were settled at 127% of the target grant amount. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F2]Shares withheld by Medidata to satisfy the tax withholding obligation in connection with the vesting of the PBRSU award referenced above.
- [F3]Shares withheld by Medidata to satisfy the tax withholding obligation in connection with the vesting of previously awarded restricted stock.