Douglas M. Leone - May 15, 2021 Form 4 Insider Report for Medallia, Inc. (MDLA)

Role: Director, 10%+ Owner
Signature: /s/ Drew Grasham, by power of attorney
Stock symbol: MDLA
Transactions as of: May 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/18/2021, 07:52 PM
Next filing: Jun 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MDLA	Common Stock	Options Exercise	$0	+479	+0.12%	$0.00	406K	May 15, 2021	Direct	F1
holding	MDLA	Common Stock						181K	May 15, 2021	By estate planning vehicle
holding	MDLA	Common Stock						1.43K	May 15, 2021	Denarvor, L.L.C.	F2, F3
holding	MDLA	Common Stock						25.2M	May 15, 2021	SC US GF V Holdings, Ltd.	F3, F4
holding	MDLA	Common Stock						9.71M	May 15, 2021	Sequoia Capital U.S. Growth Fund VI, L.P.	F3, F5
holding	MDLA	Common Stock						487K	May 15, 2021	Sequoia Capital U.S. Growth VI Principals Fund, L.P.	F3, F5
holding	MDLA	Common Stock						8.73M	May 15, 2021	Sequoia Capital Global Growth Fund, LP	F3, F6
holding	MDLA	Common Stock						253K	May 15, 2021	Sequoia Capital Global Growth Principals Fund, LP	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported shares are represented by restricted stock units, or RSUs, all of which were vested on the award date.
F2	SC US SSF 2013 (TTGP), L.L.C. is the general partner of SC U.S. Scout Seed Fund 2013 Management, L.P., which is the general partner of Sequoia Capital U.S. Scout Seed Fund 2013, L.P., which wholly owns Sequoia Capital U.S. Scout Fund IV, L.L.C., which in turn wholly owns Denarvor, L.L.C. Voting and dispositive decisions at SC US SSF 2013 (TTGP), L.L.C. with respect to the shares held by Denarvor, L.L.C. are made by an investment committee that includes Mr. Leone.
F3	Mr. Leone disclaims beneficial ownership of the securities held by Denarvor, L.L.C., SC US GF V Holdings, Ltd., Sequoia Capital U.S. Growth Fund VI, L.P., Sequoia Capital U.S. Growth VI Principals Fund, L.P., Sequoia Capital Global Growth Fund, LP and Sequoia Capital Global Growth Principals Fund, LP except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4	SC US (TTGP), Ltd. is the general partner of SCGF V Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund V, LP and Sequoia Capital USGF Principals Fund V, L.P., or collectively, the SC US GF V Funds, which together own 100% of the outstanding shares of SC US GF V Holdings, Ltd. Voting and dispositive decisions at SC US (TTGP), Ltd. with respect to the shares held by SC US GF V Holdings, Ltd. are made by an investment committee that includes Mr. Leone.
F5	SC US (TTGP), Ltd. is the general partner of SC U.S. Growth VI Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VI, L.P. and Sequoia Capital U.S. Growth VI Principals Fund, L.P. Voting and dispositive decisions at SC US (TTGP), Ltd. with respect to the shares held by Sequoia Capital U.S. Growth Fund VI, L.P. and Sequoia Capital U.S. Growth VI Principals Fund, L.P. are made by an investment committee that includes Mr. Leone.
F6	SC US (TTGP), Ltd. is the general partner of SCGGF Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund, LP and Sequoia Capital Global Growth Principals Fund, LP. Voting and dispositive decisions at SC US (TTGP), Ltd. with respect to the shares held by Sequoia Capital Global Growth Fund, LP and Sequoia Capital Global Growth Principals Fund, LP. are made by an investment committee that includes Mr. Leone.