FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sundaram Bharat
2. Issuer Name and Ticker or Trading Symbol

MEDASSETS INC [ MDAS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President, SCM Segment
(Last)          (First)          (Middle)

100 NORTH POINT CENTER EAST, SUITE 200
3. Date of Earliest Transaction (MM/DD/YYYY)

1/27/2016
(Street)

ALPHARETTA, GA 30022
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Restricted Stock   1/27/2016     D    2000   (1) D   (1) 0   D    
Restricted Stock   1/27/2016     D    1724   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    1931   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    493   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    4567   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    6850   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    6850   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    3496   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    3496   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    675   (1) D   (1) 0   D    
Restricted Stock   1/27/2016     D    491   (1) D   (1) 0   D    
Restricted Stock   1/27/2016     D    544   (1) D   (1) 0   D    
Common Stock   1/27/2016     D    3336   (1) D   (1) 0   D    
Restricted Stock Units   1/27/2016     D    2331   (1) D   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock-Settled Stock Appreciation Rights   $14.10   1/27/2016     D         6751      (1)   (1) Common Stock   6751     (1) 0   D    

Explanation of Responses:
( 1)  Refer to Remarks section.

Remarks:
Pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated as of November 1, 2015, by and among Magnitude Parent Holdings, LLC ("Parent"), Magnitude Acquisition Corp. ("Merger Sub") and MedAssets, Inc. ("Company"), upon the closing of the merger on January 27, 2016: i) each issued and outstanding share of the Company's common stock was converted into the right to receive, in respect of each share of Company common stock, $31.35 ("Merger Consideration") in cash; ii) each award of a stock option and stock-settled stock appreciation right ("SSAR") to purchase Company common stock, whether vested or unvested, was cancelled in exchange for the right to receive an amount in cash equal to the positive difference, if any, between the Merger Consideration and the exercise or base price per share of Company Common stock applicable to such stock option or SSAR; and iii) each restricted stock award of, or time-based vesting restricted stock unit with respect to, Company common stock, was cancelled in exchange for the right to receive the Merger Consideration in cash; and iv) each performance-based vesting restricted stock unit with respect to Company common stock that vested pursuant to the Merger Agreement was cancelled in exchange for the right to receive the Merger Consideration in cash, and each unvested performance-based vesting restricted stock unit with respect to Company common stock was cancelled and terminated without consideration.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sundaram Bharat
100 NORTH POINT CENTER EAST
SUITE 200
ALPHARETTA, GA 30022


President, SCM Segment

Signatures
/s/ Christopher K. Logsdon, Attorney-In-Fact 1/27/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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