4//SEC Filing
Schwartz Hagi 4
Accession 0001209191-19-052827
CIK 0001644675other
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 4:44 PM ET
Size
7.6 KB
Accession
0001209191-19-052827
Insider Transaction Report
Form 4
Mimecast LtdMIME
Schwartz Hagi
Director
Transactions
- Sale
Ordinary Shares
2019-10-08$38.40/sh−1,690$64,892→ 4,205 total
Holdings
- 26,059(indirect: By Trust)
Ordinary Shares
- 3,930
Restricted Share Units
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 22, 2019.
- [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 $38.344 - $38.42, 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]These restricted share units were granted on October 3, 2019, 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 8, 8:00 PM ET
- Accepted
- Oct 9, 4:44 PM ET
- Size
- 7.6 KB