MINDBODY, Inc. 4
4 · MINDBODY, Inc. · Filed Jun 29, 2017
Insider Transaction Report
Form 4
Wills Bradford Lee
Chief Strategy Officer
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-06-27−1,043→ 7,390 totalExercise: $7.71Exp: 2023-06-27→ Class B Common Stock (1,040 underlying) - Conversion
Class A Common Stock
2017-06-27+1,043→ 24,431 total - Sale
Class A Common Stock
2017-06-27$28.08/sh−1,043$29,293→ 23,388 total - Conversion
Class B Common Stock
2017-06-27−1,043→ 0 total→ Class A Common Stock (1,040 underlying) - Exercise/Conversion
Class B Common Stock
2017-06-27+1,043→ 1,043 total→ Class A Common Stock (1,040 underlying)
Footnotes (6)
- [F1]Each share of Class A Common Stock was issued upon the conversion of one share of Class B Common Stock at the election of Reporting Person.
- [F2]Includes 21,704 restricted stock units ("RSUs"), where each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F3]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.75 to $28.30, 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 this Form 4.
- [F5]25% of the shares subject to the option vested on June 27, 2014, and 2.0833% of the shares vest monthly thereafter.
- [F6]Each 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.