SEC Form 4 · accession 0001209191-16-146901
MINDBODY, Inc. · MB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cipora Herman
Director
Period of report
Oct 24, 2016
Accepted (ET)
Oct 25, 2016 · 6:13 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 StockF1 | Oct 24, 2016 | A | 18,867 | $0.00 | A | 18,867 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Issuer's Outside Director Compensation Policy, the reported securities represent the automatic initial grant of restricted stock units ("RSUs") to the Reporting Person upon her appointment to the Issuer's Board of Directors on October 24, 2016. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2015 Equity Incentive Plan) through each applicable vesting date, the RSUs subject to the award will vest as follows: one-fourth (1/4th) of the RSUs will vest on October 24, 2017, and one-fourth (1/4th) of the RSUs will vest on each successive October 24 thereafter.