0001193125-16-464473.txt : 20160216 0001193125-16-464473.hdr.sgml : 20160215 20160216120636 ACCESSION NUMBER: 0001193125-16-464473 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20160216 DATE AS OF CHANGE: 20160216 GROUP MEMBERS: BESSEMER VENTURE PARTNERS VII INSTITUTIONAL L.P. GROUP MEMBERS: BESSEMER VENTURE PARTNERS VII L.P. GROUP MEMBERS: BVP VII SPECIAL OPPORTUNITY FUND L.P. GROUP MEMBERS: DEER VII & CO. L.P. 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 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88915 FILM NUMBER: 161425204 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: Deer VII & Co. Ltd. CENTRAL INDEX KEY: 0001540726 IRS NUMBER: 980539991 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O BESSEMER VENTURE PARTNERS STREET 2: 1865 PALMER AVE CITY: LARCHMONT STATE: NY ZIP: 10538 BUSINESS PHONE: (914) 833-9100 MAIL ADDRESS: STREET 1: C/O BESSEMER VENTURE PARTNERS STREET 2: 1865 PALMER AVE CITY: LARCHMONT STATE: NY ZIP: 10538 SC 13G 1 d109914dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

MINDBODY, Inc.

(Name of Issuer)

CLASS A COMMON STOCK

(Title of Class of Securities)

60255W105

(CUSIP Number)

December 31, 2015

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

x Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in 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    13G    Page 2 of 12 Pages

 

  1.     

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Deer VII & Co. Ltd.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  x

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.      

SOLE VOTING POWER

 

6,480,027

   6.   

SHARED VOTING POWER

 

—0—

   7.   

SOLE DISPOSITIVE POWER

 

6,480,027

   8.   

SHARED DISPOSITIVE POWER

 

—0—

  9.    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,480,027

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

21.1%*

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

CO

 

* Represents shares of Class A common stock of the Issuer (the “Class A Common Stock”) underlying shares of Class B common stock of the Issuer (the “Class B Common Stock”) beneficially owned by the Reporting Persons, which shares of Class B Common Stock are convertible, at the option of the holder, into shares of Class A Common Stock on a 1-for-1 basis (determined in accordance with Rule 13d-3 of the Act). The percentage of shares beneficially owned as set forth in row 11 above is based on 24,296,346 shares of Class A Common Stock outstanding as of December 31, 2015, based on information provided to the Reporting Persons by the Issuer.


CUSIP No. 60255W105    13G    Page 3 of 12 Pages

 

  1.     

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Deer VII & Co. L.P.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  x

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.      

SOLE VOTING POWER

 

6,480,027

   6.   

SHARED VOTING POWER

 

—0—

   7.   

SOLE DISPOSITIVE POWER

 

6,480,027

   8.   

SHARED DISPOSITIVE POWER

 

—0—

  9.    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,480,027

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

21.1%*

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

* Represents shares of Class A common stock of the Issuer (the “Class A Common Stock”) underlying shares of Class B common stock of the Issuer (the “Class B Common Stock”) beneficially owned by the Reporting Persons, which shares of Class B Common Stock are convertible, at the option of the holder, into shares of Class A Common Stock on a 1-for-1 basis (determined in accordance with Rule 13d-3 of the Act). The percentage of shares beneficially owned as set forth in row 11 above is based on 24,296,346 shares of Class A Common Stock outstanding as of December 31, 2015, based on information provided to the Reporting Persons by the Issuer.


CUSIP No. 60255W105    13G    Page 4 of 12 Pages

 

  1.     

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Bessemer Venture Partners VII L.P.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  x

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.      

SOLE VOTING POWER

 

2,073,610

   6.   

SHARED VOTING POWER

 

—0—

   7.   

SOLE DISPOSITIVE POWER

 

2,073,610

   8.   

SHARED DISPOSITIVE POWER

 

—0—

  9.    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,480,027

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

21.1%*

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

* Represents shares of Class A common stock of the Issuer (the “Class A Common Stock”) underlying shares of Class B common stock of the Issuer (the “Class B Common Stock”) beneficially owned by the Reporting Persons, which shares of Class B Common Stock are convertible, at the option of the holder, into shares of Class A Common Stock on a 1-for-1 basis (determined in accordance with Rule 13d-3 of the Act). The percentage of shares beneficially owned as set forth in row 11 above is based on 24,296,346 shares of Class A Common Stock outstanding as of December 31, 2015, based on information provided to the Reporting Persons by the Issuer.


CUSIP No. 60255W105    13G    Page 5 of 12 Pages

 

  1.     

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Bessemer Venture Partners VII Institutional L.P.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  x

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.      

SOLE VOTING POWER

 

907,202

   6.   

SHARED VOTING POWER

 

—0—

   7.   

SOLE DISPOSITIVE POWER

 

907,202

   8.   

SHARED DISPOSITIVE POWER

 

—0—

  9.    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,480,027

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

21.1%*

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

* Represents shares of Class A common stock of the Issuer (the “Class A Common Stock”) underlying shares of Class B common stock of the Issuer (the “Class B Common Stock”) beneficially owned by the Reporting Persons, which shares of Class B Common Stock are convertible, at the option of the holder, into shares of Class A Common Stock on a 1-for-1 basis (determined in accordance with Rule 13d-3 of the Act). The percentage of shares beneficially owned as set forth in row 11 above is based on 24,296,346 shares of Class A Common Stock outstanding as of December 31, 2015, based on information provided to the Reporting Persons by the Issuer.


CUSIP No. 60255W105    13G    Page 6 of 12 Pages

 

  1.     

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

BVP VII Special Opportunity Fund L.P.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  x

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.      

SOLE VOTING POWER

 

3,499,215

   6.   

SHARED VOTING POWER

 

—0—

   7.   

SOLE DISPOSITIVE POWER

 

3,499,215

   8.   

SHARED DISPOSITIVE POWER

 

—0—

  9.    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,480,027

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

21.1%*

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

* Represents shares of Class A common stock of the Issuer (the “Class A Common Stock”) underlying shares of Class B common stock of the Issuer (the “Class B Common Stock”) beneficially owned by the Reporting Persons, which shares of Class B Common Stock are convertible, at the option of the holder, into shares of Class A Common Stock on a 1-for-1 basis (determined in accordance with Rule 13d-3 of the Act). The percentage of shares beneficially owned as set forth in row 11 above is based on 24,296,346 shares of Class A Common Stock outstanding as of December 31, 2015, based on information provided to the Reporting Persons by the Issuer.


CUSIP No. 60255W105    13G    Page 7 of 12 Pages

 

Item 1(a). Name of Issuer:

MINDBODY, Inc. (the “Issuer”)

Item 1(b). Address of Issuer’s Principal Executive Offices:

4051 Broad Street, Suite 220, San Luis Obispo, CA 93401

Item 2(a). Name of Person Filing:

This statement is being filed by the following persons with respect to the shares of Class A Common Stock of the Issuer directly owned by Bessemer Venture Partners VII L.P. (“BVP VII”), Bessemer Venture Partners VII Institutional L.P. (“BVP VII Institutional”), and BVP VII Special Opportunity Fund L.P. (“BVP VII SOF” and, collectively with BVP VII and BVP VII Institutional, the “Funds”).

 

  (a) Deer VII & Co. Ltd. (“Deer VII Ltd”), the general partner of Deer VII & Co. L.P. (“Deer VII LP”);

 

  (b) Deer VII LP, the sole general partner of each of the Funds;

 

  (c) BVP VII, which directly owns 2,073,610 Shares; and

 

  (d) BVP VII Institutional, which directly owns 907,202 Shares

 

  (e) BVP VII SOF, which directly owns 3,499,215 Shares

Deer VII Ltd, Deer VII LP, BVP VII, BVP VII Institutional, and BVP VII SOF are sometimes individually referred to herein as a “Reporting Person” and collectively as the “Reporting Persons.”

Item 2(b). Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons:

c/o Bessemer Venture Partners

1865 Palmer Avenue; Suite 104

Larchmont, NY 10583

Item 2(c). Citizenship:

Deer VII Ltd— Cayman Islands

Deer VII LP — Cayman Islands

BVP VII — Cayman Islands

BVP VII Institutional — Cayman Islands

BVP VII SOF – Cayman Islands

Item 2(d). Title of Class of Securities:

Class A Common Stock

Item 2(e). CUSIP Number:

60255W105


CUSIP No. 60255W105    13G    Page 8 of 12 Pages

 

Item 3. Not Applicable.

Item 4. Ownership.

For Deer VII Ltd:

 

  (a) Amount beneficially owned: 6,480,027 Shares

 

  (b) Percent of class: 21.1%

 

  (c) Number of shares as to which such person has:

 

  (i) Sole power to vote or to direct the vote: 6,480,027

 

  (ii) Shared power to vote or to direct the vote: —0—

 

  (iii) Sole power to dispose or to direct the disposition of: 6,480,027

 

  (iv) Shared power to dispose or to direct the disposition of: —0—

For Deer VII LP:

 

  (a) Amount beneficially owned: 6,480,027 Shares

 

  (b) Percent of class: 21.1%

 

  (c) Number of shares as to which such person has:

 

  (i) Sole power to vote or to direct the vote: 6,480,027

 

  (ii) Shared power to vote or to direct the vote: —0—

 

  (iii) Sole power to dispose or to direct the disposition of: 6,480,027

 

  (iv) Shared power to dispose or to direct the disposition of: —0—

For BVP VII:

 

  (a) Amount beneficially owned: 6,480,027 Shares

 

  (b) Percent of class: 21.1%

 

  (c) Number of shares as to which such person has:

 

  (i) Sole power to vote or to direct the vote: 2,073,610

 

  (ii) Shared power to vote or to direct the vote: —0—

 

  (iii) Sole power to dispose or to direct the disposition of: 2,073,610


CUSIP No. 60255W105    13G    Page 9 of 12 Pages

 

  (iv) Shared power to dispose or to direct the disposition of: —0—

For BVP VII Institutional:

 

  (a) Amount beneficially owned: 6,480,027 Shares

 

  (b) Percent of class: 21.1%

 

  (c) Number of shares as to which such person has:

 

  (i) Sole power to vote or to direct the vote: 907,202

 

  (ii) Shared power to vote or to direct the vote: —0—

 

  (iii) Sole power to dispose or to direct the disposition of: 907,202

 

  (iv) Shared power to dispose or to direct the disposition of: —0—

For BVP VII SOF:

 

  (a) Amount beneficially owned: 6,480,027 Shares

 

  (b) Percent of class: 21.1%

 

  (c) Number of shares as to which such person has:

 

  (i) Sole power to vote or to direct the vote: 3,499,215

 

  (ii) Shared power to vote or to direct the vote: —0—

 

  (iii) Sole power to dispose or to direct the disposition of: 3,499,215

 

  (iv) Shared power to dispose or to direct the disposition of: —0—

Item 5. Ownership of Five Percent or Less of a Class

Not applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

As the general partner of Deer VII LP, which in turn is the general partner the Funds, Deer VII Ltd may be deemed to beneficially own all 6,480,027 Shares held directly by the Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.


CUSIP No. 60255W105    13G    Page 10 of 12 Pages

 

Item 8. Identification and Classification of Members of the Group.

Exhibit 2 sets forth information regarding the identity of members of a group. The Reporting Persons disclaim membership in a group and this report shall not be deemed an admission by any of the Reporting Persons that they are or may be members of a “group” for purposes of Rule 13d-5 or for any other purpose.

Item 9. Notice of Dissolution of Group.

Not applicable.

Item 10. Certification.

Not applicable.


CUSIP No. 60255W105    13G    Page 11 of 12 Pages

 

SIGNATURE

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

Date: 2/12/16

 

DEER VII & CO. LTD.
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: General Counsel
DEER VII & CO. L.P.
By:   Deer VII & Co. Ltd, its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel
BESSEMER VENTURE PARTNERS VII L.P.
By:   Deer VII & Co. L.P., its General Partner
By:   Deer VII & Co., Ltd., its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel
BESSEMER VENTURE PARTNERS INSTITUTIONAL VII L.P.
By:   Deer VII & Co. LLC, its General Partner
By:   Deer VII & Co., Ltd., its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel
BVP VII SPECIAL OPPORTUNITY FUND L.P.
By:   Deer VII & Co. LLC, its General Partner
By:   Deer VII & Co., Ltd., its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel


CUSIP No. 60255W105    13G    Page 12 of 12 Pages

 

EXHIBIT INDEX

 

Exhibit 1.    Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended
Exhibit 2.    List of Members of Group
EX-99.1 2 d109914dex991.htm EX-99.1 EX-99.1

Exhibit 1

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate.

Date: 2/12/16

 

DEER VII & CO. LTD.
By:  

/s/ Scott Ring

  Name: Scott Ring
  Title: General Counsel
DEER VII & CO. L.P.
By:   Deer VII & Co. Ltd, its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel
BESSEMER VENTURE PARTNERS VII L.P.
By:   Deer VII & Co. L.P., its General Partner
By:   Deer VII & Co., Ltd., its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel
BESSEMER VENTURE PARTNERS INSTITUTIONAL VII L.P.
By:   Deer VII & Co. LLC, its General Partner
By:   Deer VII & Co., Ltd., its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel


CUSIP No. 60255W105    13G    Page 2 of 2 Pages

 

BVP VII SPECIAL OPPORTUNITY FUND L.P.
By:   Deer VII & Co. LLC, its General Partner
By:   Deer VII & Co., Ltd., its General Partner
  By:  

/s/ Scott Ring

    Name: Scott Ring
    Title: General Counsel
EX-99.2 3 d109914dex992.htm EX-99.2 EX-99.2

Exhibit 2

Members of Group

Deer VII & Co. Ltd.

Deer VII & Co. L.P.

Bessemer Venture Partners VII L.P.

Bessemer Venture Partners VII Institutional L.P.

BVP VII Special Opportunity Fund L.P.