Mittal Kunal 4
4 · MINDBODY, Inc. · Filed Feb 22, 2018
Insider Transaction Report
Form 4
Mittal Kunal
Chief Technology Officer
Transactions
- Award
Stock Option (right to buy)
2018-02-20+13,537→ 13,537 totalExercise: $33.45Exp: 2028-02-20→ Class A Common Stock (13,537 underlying) - Award
Class A Common Stock
2018-02-20+17,463→ 55,454 total - Tax Payment
Class A Common Stock
2018-02-20$33.45/sh−1,228$41,077→ 54,226 total
Footnotes (6)
- [F1]The reported securities represent an award of restricted stock units ("RSUs"). 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 February 20, 2019, and one-fourth (1/4th) of the RSUs will vest on each successive February 20 thereafter (or, if the 20th day of the month is not a market trading day, then the vesting date will be the first trading day following the 20th day of the month).
- [F2]Includes 30,814 RSUs, where each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F3]Shares withheld by the Issuer to satisfy the Issuer's tax withholding obligation in connection with the Reporting Person's vesting RSUs.
- [F4]The number of shares withheld by the Issuer in connection with the vesting of RSUs was based on the closing price of the Issuer's Class A Common Stock on the vest date, pursuant to the terms of the 2015 Equity Incentive Plan.
- [F5]Includes 44,690 RSUs, where each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F6]One-fourth (1/4th) of the shares subject to the option will vest on February 20, 2019, and one forty-eighth (1/48th) of the total shares subject to the option will vest monthly thereafter, subject to the Reporting Person continuing to be a Service Provider through each applicable vesting date.