Activist shareholders continue to be closely-monitored and imitated by investors, given their ability to affect positive change at companies. Whether it be by pressuring companies to set loose underperforming divisions, pushing for change on the company’s Board, or advocating for more of the company’s profits to be distributed to shareholders in the form of share buybacks and/or dividend payments, activist investors know how to move the needle in the right direction. Embedded below and on the following pages is the latest 13D activist filing issued by Abdiel Qualified Master Fund LP, in relation to its position in MINDBODY Inc (NASDAQ:MB). The fund owns 2.47 million shares of the online marketplace and services provider for health and wellness practitioners, 16.6% of the company’s shares.
You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Abdiel Qualified Master Fund | 0 | 2,351,223 | 0 | 2,351,223 | 2,351,223 | 15.7% |
| Abdiel Capital | 0 | 121,112 | 0 | 121,112 | 121,112 | 0.8% |
| Abdiel Capital Management | 0 | 2,472,335 | 0 | 2,472,335 | 2,472,335 | 16.6% |
| Abdiel Capital Advisors | 0 | 2,472,335 | 0 | 2,472,335 | 2,472,335 | 16.6% |
| Colin T. Moran | 0 | 2,472,335 | 0 | 2,472,335 | 2,472,335 | 16.6% |
Page 1 of 8 SEC Filing
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Rule 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
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: Tel: (646) 496-9202 | Ropes & Gray LLP 1211 Avenue of the Americas New York, NY 10036 Attn: Tel: (212) 596-9000 | |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 16, 2016
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).
