Stanley J. Meresman - Oct 29, 2021 Form 4 Insider Report for Medallia, Inc. (MDLA)

Role
Director
Signature
/s/ Roxanne Oulman, by power of attorney
Stock symbol
MDLA
Transactions as of
Oct 29, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 07:35 PM
Previous filing
Oct 25, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDLA Common Stock Disposed to Issuer -22.8K -74.52% 7.79K Oct 29, 2021 Direct F1
transaction MDLA Common Stock Disposed to Issuer -7.79K -100% 0 Oct 29, 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stanley J. Meresman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger between the Issuer, Project Metal Parent, LLC and Project Metal Merger Sub, Inc. dated July 25, 2021, each share of issued and outstanding Issuer common stock was cancelled and converted into the right to receive $34.00 in cash.
F2 The shares are represented by restricted stock units, or RSUs. Pursuant to the terms of the Issuer's 2019 Equity Incentive Plan and the Outside Director Compensation Plan, the RSUs vested in full in connection with a change in control.
F3 Immediately prior to the effective time of the merger, each vested RSU was cancelled and converted into a right to receive $34.00 in cash for each outstanding unit.