Roxanne M. Oulman - 15 Oct 2021 Form 4 Insider Report for Medallia, Inc.

Role: CFO and EVP
Signature: /s/ Katheryn Delor, by power of attorney
Issuer symbol: N/A
Transactions as of: 15 Oct 2021
Net transactions value: -$1,331,662
Form type: 4
Filing time: 18 Oct 2021, 19:05:05 UTC
Previous filing: 16 Sep 2021
Next filing: 02 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MDLA	Common Stock	Options Exercise	$67,300	+10,000	+2.3%	$6.73^*	452,618	15 Oct 2021	Direct
transaction	MDLA	Common Stock	Sale	$1,279,466	-37,685	-8.3%	$33.95	414,933	15 Oct 2021	Direct	F1, F2
transaction	MDLA	Common Stock	Sale	$119,496	-3,519	-0.85%	$33.96	411,414	18 Oct 2021	Direct	F3, 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	-10,000	-1.2%	$0.000000	825,426	15 Oct 2021	Common Stock	10,000	$6.73	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Of the reported shares, 12,070 were sold to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units, or RSUs, and the remaining shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 14, 2021.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.95 to $33.96, 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) and (4).
F3	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 14, 2021.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.95 to $33.97, inclusive.
F5	One-fourth of the shares subject to the option vested on November 5, 2019 and 1/48th vest monthly thereafter.