Schwartz Hagi 4
4 · Mimecast Ltd · Filed Nov 27, 2018
Insider Transaction Report
Form 4
Mimecast LtdMIME
Schwartz Hagi
Director
Transactions
- Sale
Ordinary Shares
2018-11-23$35.06/sh−284$9,957→ 2,082 total
Holdings
- 25,651(indirect: By Trust)
Ordinary Shares
- 4,221
Restricted Share Units
Footnotes (5)
- [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]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.
- [F4]Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
- [F5]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.