4//SEC Filing
Bender Alex E.T. 4
Accession 0001209191-20-046433
CIK 0001644675other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 5:53 PM ET
Size
13.7 KB
Accession
0001209191-20-046433
Insider Transaction Report
Form 4
Mimecast LtdMIME
Bender Alex E.T.
SVP, Global Marketing
Transactions
- Exercise/Conversion
Ordinary Shares
2020-08-11$10.22/sh+10,000$102,200→ 12,118 total - Sale
Ordinary Shares
2020-08-11$43.66/sh−10,000$436,620→ 2,220 total - Exercise/Conversion
Share Option (Right to Buy)
2020-08-11−10,000→ 11,880 totalExercise: $10.22Exp: 2026-03-01→ Ordinary Shares (10,000 underlying)
Holdings
- 2,500
Restricted Share Units
- 4,500
Restricted Share Units
- 12,732
Restricted Share Units
- 10,000
Restricted Share Units
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.50 - $43.90, 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]Includes 102 Ordinary Shares issued to the Reporting Person on December 31, 2019 under the Mimecast Limited 2015 Employee Share Purchase Plan.
- [F3]Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
- [F4]These restricted share units were granted on April 2, 2018. Twenty-five percent (25%) of the units vested on April 2, 2019, twenty-five percent (25%) of the units vested on April 2, 2020, and the remainder of the units vest on an annual basis over the next two (2) years, provided that the Reporting Person remains an employee of the Issuer on each such vesting date.
- [F5]These restricted share units were granted on April 1, 2019. Twenty-five percent (25%) of the units vested on April 1, 2020 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 each such vesting date.
- [F6]These restricted share units were granted on October 1, 2019. Twenty-five percent (25%) of the units vest on October 1, 2020, 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 each such vesting date.
- [F7]These restricted share units were granted on April 1, 2020. Twenty-five percent (25%) of the units vest on April 1, 2021 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 each such vesting date.
- [F8]This option was granted on March 1, 2016. Twenty-five percent (25%) of the shares vested on March 1, 2017 and the remainder of the shares vested on a quarterly basis over the next three (3) years, such that on the date hereof the option is fully vested.
Documents
Issuer
Mimecast Ltd
CIK 0001644675
Entity typeother
Related Parties
1- filerCIK 0001797882
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 5:53 PM ET
- Size
- 13.7 KB