ROBERT BERNSHTEYN - 29 Oct 2021 Form 4 Insider Report for Medallia, Inc.

Role
Director
Signature
/s/ Roxanne Oulman, by power of attorney
Issuer symbol
N/A
Transactions as of
29 Oct 2021
Net transactions value
$0
Form type
4
Filing time
02 Nov 2021, 19:28:20 UTC
Previous filing
25 Oct 2021
Next filing
19 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 Disposed to Issuer -20,315 -60% 13,591 29 Oct 2021 Direct F1
transaction MDLA Common Stock Disposed to Issuer -13,591 -100% 0 29 Oct 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

ROBERT BERNSHTEYN 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.