Leslie Stretch - Jun 23, 2021 Form 4 Insider Report for Medallia, Inc. (MDLA)

Role
President & CEO, Director
Signature
/s/ Drew Grasham, by power of attorney
Stock symbol
MDLA
Transactions as of
Jun 23, 2021
Transactions value $
-$5,535,056
Form type
4
Date filed
6/25/2021, 05:03 PM
Previous filing
Jun 22, 2021
Next filing
Jul 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDLA Common Stock Sale -$2.73M -82.4K -8.67% $33.12 867K Jun 23, 2021 Direct F1, F2
transaction MDLA Common Stock Sale -$139K -4.1K -0.47% $33.83 863K Jun 23, 2021 Direct F1, F3
transaction MDLA Common Stock Options Exercise $673K +100K +11.58% $6.73 963K Jun 24, 2021 Direct
transaction MDLA Common Stock Sale -$3.34M -100K -10.38% $33.40 863K Jun 24, 2021 Direct F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MDLA Employee Stock Option (right to buy) Options Exercise $0 -100K -1.72% $0.00 5.71M Jun 24, 2021 Common Stock 100K $6.73 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2020.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.68 to $33.6475, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (4).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.68 to $34.00, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.10 to $33.59, inclusive.
F5 One-fourth of the shares subject to the option vested on October 15, 2019 and 1/48th of the shares vest monthly thereafter.