SEC Form 4 · accession 0001209191-18-014323
MINDBODY, Inc. · MB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kunal Mittal
Officer — Chief Technology Officer
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 9:21 pm EST
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,F3,F4 | Feb 23, 2018 | S | 2,159 | $35.699 | D | 53,904 | D | |
| Class A Common StockF5,F3 | Feb 23, 2018 | S | 200 | $36.525 | D | 53,704 | D | |
| Class A Common StockF3 | Feb 23, 2018 | M | 5,000 | $15.12 | A | 58,704 | D | |
| Class A Common StockF6,F3 | Feb 23, 2018 | S | 4,800 | $35.721 | D | 53,904 | D | |
| Class A Common StockF7,F3 | Feb 23, 2018 | S | 200 | $36.70 | D | 53,704 | D | |
| Class A Common StockF3 | Feb 26, 2018 | M | 1,562 | $15.12 | A | 55,266 | D | |
| Class A Common StockF3 | Feb 26, 2018 | S | 1,562 | $38.00 | D | 53,704 | D | |
| Class A Common StockF3 | Feb 26, 2018 | M | 3,438 | $13.91 | A | 57,142 | D | |
| Class A Common StockF3 | Feb 26, 2018 | S | 3,438 | $38.00 | D | 53,704 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F8 | $15.12 | Feb 23, 2018 | M | 5,000 | D | — | Dec 10, 2025 | Class A Common Stock | 5,000 | 25,000 | D |
| Employee Stock Options (Right to Buy)F8 | $15.12 | Feb 26, 2018 | M | 1,562 | D | — | Dec 10, 2025 | Class A Common Stock | 1,562 | 23,438 | D |
| Employee Stock Options (Right to Buy)F9 | $13.91 | Feb 26, 2018 | M | 3,438 | D | — | Mar 21, 2026 | Class A Common Stock | 3,438 | 20,775 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.35 to $36.20, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the Form 4.
- F3Includes 44,690 RSUs, where each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F4Includes 1,837 shares acquired under the MINDBODY, Inc. 2015 Employee Stock Purchase Plan on February 21, 2018.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.50 to $36.55, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the Form 4.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.35 to $36.30, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the Form 4.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.55 to $36.85, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the Form 4.
- F8One-fourth (1/4th) of the shares subject to the option vested on November 30, 2016, and one forty-eighth (1/48th) of the total shares subject to the option vests monthly thereafter, subject to the Reporting Person continuing to be a Service Provider through each applicable vesting date.
- F9One-fourth (1/4th) of the shares subject to the option vested on March 21, 2017, and one forty-eighth (1/48th) of the total shares subject to the option vests monthly thereafter, subject to the Reporting Person continuing to be a Service Provider through each applicable vesting date.