Home/Filings/4/0001453814-15-000047
4//SEC Filing

Medidata Solutions, Inc. 4

Accession 0001453814-15-000047

CIK 0001453814operating

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 4:51 PM ET

Size

9.3 KB

Accession

0001453814-15-000047

Insider Transaction Report

Form 4
Period: 2015-02-13
Douglas Cory
Controller
Transactions
  • Award

    Common Stock

    2015-02-13+14,493160,815 total
  • Tax Payment

    Common Stock

    2015-02-13$46.58/sh11,297$526,158149,518 total
  • Award

    Common Stock

    2015-02-13+14,49314,493 total
    Exercise: $0.00Common Stock (14,493 underlying)
Footnotes (3)
  • [F1]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.
  • [F2]Shares withheld by Medidata to satisfy the tax withholding obligation in connection with the vesting of previously awarded restricted stock.
  • [F3]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.

Issuer

Medidata Solutions, Inc.

CIK 0001453814

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001453814

Filing Metadata

Form type
4
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:51 PM ET
Size
9.3 KB