4//SEC Filing
Schwartz Hagi 4
Accession 0001209191-18-056089
CIK 0001644675other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 5:36 PM ET
Size
8.6 KB
Accession
0001209191-18-056089
Insider Transaction Report
Form 4
Mimecast LtdMIME
Schwartz Hagi
Director
Transactions
- Sale
Ordinary Shares
2018-10-23$35.49/sh−278$9,865→ 2,082 total
Holdings
- 25,225(indirect: By Trust)
Ordinary Shares
- 4,221
Restricted Share Units
- 710
Restricted Share Units
Footnotes (7)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2018.
- [F2]These shares were sold by the Reporting Person to satisfy personal tax withholding requirements associated with the vesting of restricted share units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.45 - $35.54, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]These shares are held by the Schwartz Family Trust (the "Trust"). The Reporting Person is a beneficiary of the shares held by the Trust and is the sole Trustee of the Trust.
- [F5]Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
- [F6]Represents shares underlying unvested restricted share units that were granted on November 19, 2015. The terms of the original grant of 25,000 restricted share units provide that the units vest monthly, over a three year period, in substantially equal amounts, provided that the Reporting Person remains a director of the Issuer on such vesting date.
- [F7]These restricted share units were granted on October 4, 2018, and vest in full on the one year anniversary of the date of grant, provided that the Reporting Person remains a director of the Issuer on such vesting date.
Documents
Issuer
Mimecast Ltd
CIK 0001644675
Entity typeother
Related Parties
1- filerCIK 0001326427
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 5:36 PM ET
- Size
- 8.6 KB