Mobileiron Inc. (NASDAQ:MOBL): Rishi Bajaj, Toby Symonds, And Steve Tesoriere’s Altai Capital filed an amended 13D.
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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 |
|---|---|---|---|---|---|---|
| Altai Capital Management | 0 | 8,512,919 | 0 | 8,512,919 | 8,512,919 | 9.04% |
| Altai Capital Management | 0 | 8,512,919 | 0 | 8,512,919 | 8,512,919 | 9.04% |
| Rishi Bajaj | 0 | 8,512,919 | 0 | 8,512,919 | 8,512,919 | 9.04% |
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Page 1 of 8 – SEC Filing
| UNITED STATES |
| SECURITIES AND EXCHANGE COMMISSION |
| Washington, D.C. 20549 |
| SCHEDULE 13D (Rule 13d-101) |
| INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) |
| (Amendment No. 1)* |
| MobileIron, Inc. (Name of Issuer) |
| Common Stock, par value $0.0001 per share |
| (Title of Class of Securities) |
| 60739U204 |
| (CUSIP Number) |
| Rishi Bajaj |
| Managing Principal |
| Altai Capital Management, L.P. |
| 520 Newport Center Drive – 12th Floor |
| Newport Beach, CA 92660 |
| 949-326-9612 |
| With a copy to: |
| Marc Weingarten |
| Schulte Roth & Zabel LLP |
| 919 Third Avenue |
| New York, |
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
| October 27, |
| (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 [o].
Page 1 of 8
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Page 2 of 8 – SEC Filing
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 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 disclosures provided in a prior cover page.
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).
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Page 3 of 8 – SEC Filing
| 1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Altai Capital Management, L.P. | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) ¨ (b) x | ||
| 3 | SEC USE ONLY | |||
| 4 | SOURCE OF FUNDS* AF | |||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 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 8,512,919 | |||
| 9 | SOLE DISPOSITIVE POWER 0 | |||
| 10 | SHARED DISPOSITIVE POWER 8,512,919 | |||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 8,512,919 | |||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ¨ | ||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.04% | |||
| 14 | TYPE OF REPORTING PERSON IA, PN | |||
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Page 4 of 8 – SEC Filing
| 1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Altai Capital Management, LLC | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) ¨ (b) x | ||
| 3 | SEC USE ONLY | |||
| 4 | SOURCE OF FUNDS* AF | |||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 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 8,512,919 | |||
| 9 | SOLE DISPOSITIVE POWER 0 | |||
| 10 | SHARED DISPOSITIVE POWER 8,512,919 | |||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 8,512,919 | |||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ¨ | ||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.04% | |||
| 14 | TYPE OF REPORTING PERSON HC, OO | |||
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Page 5 of 8 – SEC Filing
| 1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Rishi Bajaj | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) ¨ (b) x | ||
| 3 | SEC USE ONLY | |||
| 4 | SOURCE OF FUNDS* AF | |||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ¨ | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America | |||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | ||
| 8 | SHARED VOTING POWER 8,512,919 | |||
| 9 | SOLE DISPOSITIVE POWER 0 | |||
| 10 | SHARED DISPOSITIVE POWER 8,512,919 | |||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 8,512,919 | |||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ¨ | ||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.04% | |||
| 14 | TYPE OF REPORTING PERSON HC, IN | |||
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Page 6 of 8 – SEC Filing
Pursuant to Rule 13d-2(a) of the General Rules
and Regulations under the Act, the undersigned hereby amend the Schedule 13D originally filed on October 4, 2017, the “Schedule
13D”), relating to the common stock, par value $0.0001 per share (the “Common Stock”), of MobileIron,
Inc., a Delaware corporation (the “Company” or the “Issuer”). Capitalized terms used herein
and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Schedule 13D. This Amendment No. 1 amends
Items 2, 3 and 5 as set forth below.
| Item 2. | IDENTITY AND BACKGROUND |
| Item 2(b) of the Schedule 13D is hereby amended and restated as follows: | |
| (b) The address of the business office of each of the Reporting Persons is 520 Newport Center Drive, 12th Floor, Newport Beach, California 92660. | |
| Item 3. | SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION |
| The first paragraph of Item 3 of the Schedule 13D is hereby amended and restated as follows: | |
| The Reporting Persons used approximately $8,025,516 (including brokerage commissions) in the aggregate to purchase the Common Stock for the account of Osprey. A total of approximately $18,678,313 (including brokerage commissions) in the aggregate was used to purchase the Common Stock held by the Separately Managed Accounts; $17,217,230 (including brokerage commissions) of such Common Stock was purchased prior to the Investment Manager being appointed as the investment manager of the Separately Managed Accounts. |
| Item 5. | INTEREST IN SECURITIES OF THE ISSUER |
| Item 5 (a) – (b) of the Schedule 13D is hereby amended and restated as follows: | |
| (a) – (b) The responses of the Reporting Persons to Rows (7) through (13) of the cover pages of this Schedule 13D are incorporated herein by reference. As of the date hereof, the Reporting Persons beneficially own an aggregate 8,512,919 shares of Common Stock, which Common Stock may be deemed to be beneficially owned by each of the Investment Manager, IMGP and Mr. Bajaj, and which represent approximately 9.04% of the Issuer’s currently outstanding Common Stock. All percentages set forth herein are based upon a total of 94,135,654 shares of Common Stock outstanding as of July 28, 2017, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2017, filed with the Securities and Exchange Commission on August 1, 2017. For purposes of disclosing the number of shares of Common Stock beneficially owned by each of the Reporting Persons, Investment Manager, IMGP and Mr. Bajaj may be deemed to own beneficially (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) all shares of Common Stock that are owned beneficially and directly by the Reporting Persons. Each of Investment Manager, IMGP and Mr. Bajaj disclaims beneficial ownership of such shares of Common Stock for all other purposes. |
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Page 7 of 8 – SEC Filing
SIGNATURES
After reasonable
inquiry and to the best of its knowledge and belief, the undersigned each certifies that the information set forth in this statement
is true, complete and correct.
Dated: October 31, 2017
| ALTAI CAPITAL MANAGEMENT, L.P. | ||
| By: | /s/ Rishi Bajaj | |
| Name: Rishi Bajaj | ||
| Title: Authorized Signatory | ||
| ALTAI CAPITAL MANAGEMENT, LLC | ||
| By: | /s/ Rishi Bajaj | |
| Name: Rishi Bajaj | ||
| Title: Authorized Signatory | ||
| /s/ Rishi Bajaj | ||
| Name: Rishi Bajaj | ||
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Page 8 of 8 – SEC Filing
SCHEDULE 1
Transactions of the Reporting Persons Effected
During the Past 60 Days
The following table sets forth all transactions
in the Common Stock effected by each of the Reporting Persons in the past sixty days:
Investment Manager
| Date | Security | Amount of Shares Bought (Sold) | Approximate Price per Share (excluding commissions) |
| 10/18/2017 | Common Stock | 500,000 | 3.4090 |
| 10/18/2017 | Common Stock | 307,572 | 3.4614 |
| 10/19/2017 | Common Stock | 100,000 | 3.4369 |
| 10/27/2017 | Common Stock | 76,280 | 3.5000 |
| 10/27/2017 | Common Stock | 341,812 | 3.5000 |
All of the above transactions were effected on the open market.
