Bishop-Levesque Janet 4
4 · Mimecast Ltd · Filed Feb 21, 2019
Insider Transaction Report
Form 4
Mimecast LtdMIME
Bishop-Levesque Janet
SVP, Systems, Risk & Security
Transactions
- Exercise/Conversion
Ordinary Shares
2019-02-19$28.23/sh+5,000$141,150→ 5,000 total - Sale
Ordinary Shares
2019-02-19$47.74/sh−5,000$238,725→ 0 total - Exercise/Conversion
Share Option (Right to Buy)
2019-02-19−5,000→ 75,000 totalExercise: $28.23Exp: 2028-01-02→ Ordinary Shares (5,000 underlying)
Holdings
- 4,000
Restricted Share Units
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.64 - $47.91, 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.
- [F2]Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
- [F3]These restricted share units were granted on April 2, 2018. Twenty-five percent (25%) of the units vest on April 2, 2019 and the remainder of the units vest on an annual basis over the next three (3) years, provided that the Reporting Person remains an employee of the Issuer on such vesting date.
- [F4]This option was granted on January 2, 2018. This option vests as follows: 20,000 shares vest on January 2, 2019, thereafter the remaining 60,000 shares vest on a quarterly basis in increments of 5,000 shares each quarter thereafter, provided that the Reporting Person remains an employee of the Issuer on such vesting date.