SEC Form 4 · accession 0001209191-17-040544
MINDBODY, Inc. · MB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Court Cunningham
Director
Period of report
Jun 14, 2017
Accepted (ET)
Jun 16, 2017 · 4:43 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 | Jun 14, 2017 | A | 12,939 | $0.00 | A | 12,939 | 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 his election to the Issuer's Board of Directors on June 14, 2017. 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 Issuer's 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 June 14, 2018, and one-fourth (1/4th) of the RSUs will vest on each successive June 14 thereafter, until fully vested.