SEC Form 4 · accession 0001209191-15-056042
MINDBODY, Inc. · MB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett T White
Officer — Chief Financial Officer
Period of report
Jun 24, 2015
Accepted (ET)
Jun 24, 2015 · 7:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001458962
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2 | $7.708 | Jun 24, 2015 | J | 339,467 | D | — | Jun 23, 2023 | Common Stock | 339,467 | 0 | D |
| Employee Stock Option (right to buy)F1,F2,F3 | $7.708 | Jun 24, 2015 | J | 339,467 | A | — | Jun 23, 2023 | Class B Common Stock | 339,467 | 339,467 | D |
| Employee Stock Option (right to buy)F4,F2 | $11.52 | Jun 24, 2015 | J | 25,000 | D | — | Feb 6, 2024 | Common Stock | 25,000 | 0 | D |
| Employee Stock Option (right to buy)F4,F2,F3 | $11.52 | Jun 24, 2015 | J | 25,000 | A | — | Feb 6, 2024 | Class B Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (right to buy)F5,F2 | $14.476 | Jun 24, 2015 | J | 37,500 | D | — | Feb 5, 2025 | Common Stock | 37,500 | 0 | D |
| Employee Stock Option (right to buy)F5,F2,F3 | $14.476 | Jun 24, 2015 | J | 37,500 | A | — | Feb 5, 2025 | Class B Common Stock | 37,500 | 37,500 | D |
| Employee Stock Option (right to buy)F6,F2 | $14.496 | Jun 24, 2015 | J | 57,500 | D | — | May 22, 2025 | Common Stock | 57,500 | 0 | D |
| Employee Stock Option (right to buy)F6,F2,F3 | $14.496 | Jun 24, 2015 | J | 57,500 | A | — | May 22, 2025 | Class B Common Stock | 57,500 | 57,500 | D |
Explanation of responses
- F125% of the shares subject to the option vested on June 27, 2014, and 2.0833% of the shares vest monthly thereafter.
- F2Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- F3Each 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.
- F410% of the shares subject to the option vested on January 1, 2015, 20% of the shares vest on January 1, 2016, 30% of the shares vest on January 1, 2017, and 40% of the shares vest on January 1, 2018.
- F51/48 of the shares subject to the option vested on March 5, 2015, and 1/48 of the shares vest monthly thereafter.
- F61/48 of the shares subject to the option vest on June 22, 2015, and 1/48 of the shares vest monthly thereafter.