After the transaction, Sherif Tarek's stake was reported as 801,502 shares of Medidata Solutions, Inc stock.
As noted on October 5, 2012, Sherif Tarek's sale was done directly over 2 transactions from October 3, 2012 to October 4, 2012. The share price ranged from $39.17 to $39.76 according to the regulatory filing detailing the transactions.
If we look over the past 12 months, Sherif Tarek has sold a total of 40,000 shares of Medidata Solutions, Inc, proceeds from the sale totaled $1,578,856. Over the same time period, Sherif Tarek has purchased no shares of Medidata Solutions, Inc stock.
Let's take a quick, high-level look at insider trading at Medidata Solutions, Inc over the past 12 months. A total of 711,745 shares of Medidata Solutions, Inc stock was sold by insiders, totaling $20,587,117. Over the same time 12 month time period, no shares of Medidata Solutions, Inc were purchased by company insiders.
To view the complete SEC Filing: Medidata Solutions, Inc Form 4 (Insider Trading) SEC Filing
