SEC Form 4 · accession 0000899243-16-028244
MINDBODY, Inc. · MB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy S. Levine
Director
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 7:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001458962
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F1,F3,F4 | Aug 26, 2016 | C | 0 | $0.00 | A | 0 | I | See Footnotes |
| Class A Common StockF2,F5,F3,F4 | Aug 26, 2016 | S$0 | 0 | $0.00 | D | 65,595 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2,F1,F3,F4 | — | Aug 26, 2016 | C | 0 | D | — | — | Class A Common Stock | 0 | 0 | I |
Explanation of responses
- F1Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- F2On August 26, 2016, Bessemer Venture Partners VII L.P. ("BVP VII") sold 14,400 shares, Bessemer Venture Partners VII Institutional L.P. ("BVP VII Inst") sold 6,300 shares, and BVP VII Special Opportunity Fund L.P. ("BVP VII SOF," and together with BVP VII and BVP VII Inst, the "Funds") sold 24,300 shares at a sale price of $17.20.
- F3After the above transaction, BVP VII owned 1,148,488 shares, BVP VII Inst owned 502,462 shares, and BVP VII SOF owned 1,928,073 shares.
- F4Mr. Levine is a director of Deer VII & Co. Ltd. ("Deer VII Ltd"), the general partner of Deer VII & Co. L.P. ("Deer VII LP"), the general partner of the Funds. Mr. Levine disclaims beneficial ownership of the securities sold by the Funds, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in such securities by virtue of his interest in Deer VII Ltd, his interest in Deer VII LP, and his indirect limited partnership interest in the Funds.
- F5Includes 13,333 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement.