0001193125-17-358895.txt : 20171201 0001193125-17-358895.hdr.sgml : 20171201 20171201160556 ACCESSION NUMBER: 0001193125-17-358895 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20171201 DATE AS OF CHANGE: 20171201 GROUP MEMBERS: ABDIEL CAPITAL ADVISORS, LP GROUP MEMBERS: ABDIEL CAPITAL MANAGEMENT, LLC GROUP MEMBERS: ABDIEL CAPITAL, LP GROUP MEMBERS: COLIN T. MORAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MINDBODY, Inc. CENTRAL INDEX KEY: 0001458962 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 201898451 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88915 FILM NUMBER: 171234263 BUSINESS ADDRESS: STREET 1: 4051 BROAD STREET STREET 2: SUITE 220 CITY: SAN LUIS OBISPO STATE: CA ZIP: 93401 BUSINESS PHONE: 877-755-4279 MAIL ADDRESS: STREET 1: 4051 BROAD STREET STREET 2: SUITE 220 CITY: SAN LUIS OBISPO STATE: CA ZIP: 93401 FORMER COMPANY: FORMER CONFORMED NAME: Mindbody, Inc. DATE OF NAME CHANGE: 20110627 FORMER COMPANY: FORMER CONFORMED NAME: MINDBODY, Inc. DATE OF NAME CHANGE: 20090319 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Abdiel Qualified Master Fund LP CENTRAL INDEX KEY: 0001508239 IRS NUMBER: 208096029 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 410 PARK AVENUE STREET 2: SUITE 530 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-496-9351 MAIL ADDRESS: STREET 1: 89 NEXUS WAY CITY: CAMANA BAY STATE: E9 ZIP: KY1-9007 SC 13D/A 1 d503637dsc13da.htm AMENDMENT NO. 14 TO THE SCHEDULE 13D AMENDMENT NO. 14 TO THE SCHEDULE 13D

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13D

(Rule 13d-101)

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 14)

 

 

MINDBODY, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.000004 per share

(Title of Class of Securities)

60255W105

(CUSIP Number)

with a copy to:

Abdiel Capital

410 Park Avenue, Suite 930

New York, NY 10022

Attn: Colin T. Moran

Tel: (646) 496-9202

  

Ropes & Gray LLP

1211 Avenue of the Americas

New York, NY 10036

Attn: Sarah Davidoff, Esq.

Tel: (212) 596-9000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

November 30, 2017

(Date of Event Which Requires Filing of This Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box.  ☐

 

 

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 60255W105  

 

   1.   

NAME OF REPORTING PERSONS

 

Abdiel Qualified Master Fund, LP

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

   2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

   3.  

SEC USE ONLY

 

   4.  

SOURCE OF FUNDS

 

WC

   5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ☐

 

   6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

 

      7.    

SOLE VOTING POWER

 

0

      8.   

SHARED VOTING POWER

 

1,703,816

      9.   

SOLE DISPOSITIVE POWER

 

0

    10.   

SHARED DISPOSITIVE POWER

 

1,703,816

 11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,703,816

 12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

4.0%*

 14.  

TYPE OF REPORTING PERSON

 

PN

 

* Based on 42,725,530 shares of the Issuer’s Class A common stock, par value $0.000004 per share (the “Common Stock”), outstanding as of October 27, 2017, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2017 filed with the Securities and Exchange Commission on November 1, 2017.

 

2


CUSIP No. 60255W105  

 

   1.   

NAME OF REPORTING PERSONS

 

Abdiel Capital, LP

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

   2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

   3.  

SEC USE ONLY

 

   4.  

SOURCE OF FUNDS

 

WC

   5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ☐

 

   6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

 

      7.    

SOLE VOTING POWER

 

0

      8.   

SHARED VOTING POWER

 

62,677

      9.   

SOLE DISPOSITIVE POWER

 

0

    10.   

SHARED DISPOSITIVE POWER

 

62,677

 11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

62,677

 12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.1%*

 14.  

TYPE OF REPORTING PERSON

 

PN

 

* Based on 42,725,530 shares of Common Stock outstanding as of October 27, 2017, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2017 filed with the Securities and Exchange Commission on November 1, 2017.

 

3


CUSIP No. 60255W105  

 

   1.   

NAME OF REPORTING PERSONS

 

Abdiel Capital Management, LLC

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

   2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

   3.  

SEC USE ONLY

 

   4.  

SOURCE OF FUNDS

 

AF

   5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ☐

 

   6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

 

      7.    

SOLE VOTING POWER

 

0

      8.   

SHARED VOTING POWER

 

1,766,493**

      9.   

SOLE DISPOSITIVE POWER

 

0

    10.   

SHARED DISPOSITIVE POWER

 

1,766,493**

 11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,766,493**

 12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

4.1%*

 14.  

TYPE OF REPORTING PERSON

 

OO

 

* Based on 42,725,530 shares of Common Stock outstanding as of October 27, 2017, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2017 filed with the Securities and Exchange Commission on November 1, 2017.
** Consists of 1,703,816 shares of Common Stock held by Abdiel Qualified Master Fund, LP and 62,677 shares of Common Stock held by Abdiel Capital, LP.

 

4


CUSIP No. 60255W105  

 

   1.   

NAME OF REPORTING PERSONS

 

Abdiel Capital Advisors, LP

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

   2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

   3.  

SEC USE ONLY

 

   4.  

SOURCE OF FUNDS

 

AF

   5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ☐

 

   6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

 

      7.    

SOLE VOTING POWER

 

0

      8.   

SHARED VOTING POWER

 

1,766,493**

      9.   

SOLE DISPOSITIVE POWER

 

0

    10.   

SHARED DISPOSITIVE POWER

 

1,766,493**

 11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,766,493**

 12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

4.1%*

 14.  

TYPE OF REPORTING PERSON

 

PN, IA

 

* Based on 42,725,530 shares of Common Stock outstanding as of October 27, 2017, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2017 filed with the Securities and Exchange Commission on November 1, 2017.
** Consists of 1,703,816 shares of Common Stock held by Abdiel Qualified Master Fund, LP and 62,677 shares of Common Stock held by Abdiel Capital, LP.

 

5


CUSIP No. 60255W105  

 

   1.   

NAME OF REPORTING PERSONS

 

Colin T. Moran

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

   2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

   3.  

SEC USE ONLY

 

   4.  

SOURCE OF FUNDS

 

AF

   5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ☐

 

   6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF 

SHARES 

BENEFICIALLY 

OWNED BY 

EACH 

REPORTING 

PERSON 

WITH 

 

      7.    

SOLE VOTING POWER

 

0

      8.   

SHARED VOTING POWER

 

1,766,493**

      9.   

SOLE DISPOSITIVE POWER

 

0

    10.   

SHARED DISPOSITIVE POWER

 

1,766,493**

 11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,766,493**

 12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

 13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

4.1%*

 14.  

TYPE OF REPORTING PERSON

 

IN

 

* Based on 42,725,530 shares of Common Stock outstanding as of October 27, 2017, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2017 filed with the Securities and Exchange Commission on November 1, 2017.
** Consists of 1,703,816 shares of Common Stock held by Abdiel Qualified Master Fund, LP and 62,677 shares of Common Stock held by Abdiel Capital, LP.

 

6


CUSIP No. 60255W105

SCHEDULE 13D (FINAL AMENDMENT)

This Amendment No. 14 (“Amendment No. 14”) amends and supplements the Schedule 13D filed on December 4, 2015 (the “Original Schedule 13D”) as amended by Amendment No. 1 thereto on February 10, 2016 (“Amendment No. 1”), Amendment No. 2 thereto on February 12, 2016 (“Amendment No. 2”), Amendment No. 3 thereto on February 17, 2016 (“Amendment No. 3”), Amendment No. 4 thereto on March 7, 2016 (“Amendment No. 4”), Amendment No. 5 thereto on July 28, 2016 (“Amendment No. 5”), Amendment No. 6 thereto on August 8, 2016 (“Amendment No. 6”), Amendment No. 7 thereto on October 3, 2016 (“Amendment No. 7”), Amendment No. 8 thereto on October 13, 2016 (“Amendment No. 8”), Amendment No. 9 thereto on October 27, 2016 (“Amendment No. 9”), Amendment No. 10 thereto on February 9, 2017 (“Amendment No. 10”), Amendment No. 11 thereto on May 1, 2017 (“Amendment No. 11”), Amendment No. 12 thereto on June 1, 2017 (“Amendment No. 12”) and Amendment No. 13 thereto on July 7, 2017 (“Amendment No. 13” and, together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10, Amendment No. 11 and Amendment No. 12, the “Schedule 13D”), relating to the shares of Class A common stock, par value $0.000004 per share (the “Common Stock”), of MINDBODY, Inc. (the “Issuer”). Each Item below amends and supplements the information disclosed under the corresponding Item of the Schedule 13D. Except as specifically provided herein, this Amendment No. 14 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used but not defined in this Amendment No. 14 shall have the same meanings herein as are ascribed to such terms in the Schedule 13D.

Item 4. Purpose of Transaction

Item 4 of the Schedule 13D is hereby supplemented by adding the following:

On November 30, 2017, the Reporting Persons sold a portion of their Common Stock in a block trade, as described in further detail in Item 5 below. The sale was undertaken for portfolio management purposes.

Item 5. Interest in Securities of the Issuer.

Item 5 of the Schedule 13D is hereby amended by amending and restating paragraphs (a) and (b) thereof as follows:

(a) The information requested by this paragraph is incorporated herein by reference to the information provided on the cover pages to this Amendment No. 14.

(b) The information requested by this paragraph is incorporated herein by reference to the information provided on the cover pages to this Amendment No. 14 and Item 2(c) of the Schedule 13D.

Item 5(c) of the Schedule 13D is hereby supplemented by adding the following:

(c) On November 30, 2017, the Reporting Persons sold an aggregate of 1,000,000 shares of Common Stock in a block trade at a price per share of $31.85. Except as described in the immediately preceding sentence, there were no transactions in the Common Stock effected by the Reporting Persons during the past sixty days.

Item 5(e) of the Schedule 13D is hereby amended and restated as follows:

(e) As a result of the transaction described in Item 5(c), on November 30, 2017, none of the Reporting Persons beneficially owned more than five percent of the Issuer’s Common Stock.

 

7


CUSIP No. 60255W105

SIGNATURES

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: December 1, 2017

 

ABDIEL QUALIFIED MASTER FUND, LP

By:  

Abdiel Capital Management, LLC,

its General Partner

By:   /s/ Colin T. Moran
 

 

  Colin T. Moran, Managing Member
ABDIEL CAPITAL, LP
By:  

Abdiel Capital Management, LLC,

its General Partner

By:   /s/ Colin T. Moran
 

 

  Colin T. Moran, Managing Member
ABDIEL CAPITAL MANAGEMENT, LLC
By:   /s/ Colin T. Moran
 

 

  Colin T. Moran, Managing Member
ABDIEL CAPITAL ADVISORS, LP
By:  

Abdiel Capital Partners, LLC,

its General Partner

By:   /s/ Colin T. Moran
 

 

  Colin T. Moran, Managing Member
COLIN T. MORAN
By:   /s/ Colin T. Moran
 

 

  Colin T. Moran, Individually

 

8