Brown Rafeal E. 4
4 · Mimecast Ltd · Filed Apr 5, 2021
Insider Transaction Report
Form 4
Mimecast LtdMIME
Brown Rafeal E.
Chief Financial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2021-04-01+14,925→ 23,770 total - Exercise/Conversion
Restricted Share Units
2021-04-01−8,841→ 25,000 total - Award
Restricted Share Units
2021-04-01+39,167→ 39,167 total - Tax Payment
Restricted Share Units
2021-04-01$40.85/sh−3,659$149,470→ 33,841 total - Award
Share Option (Right to Buy)
2021-04-01+85,127→ 85,127 totalExercise: $40.85Exp: 2031-04-01→ Ordinary Shares (85,127 underlying) - Tax Payment
Restricted Share Units
2021-04-01$40.85/sh−2,528$103,269→ 31,923 total - Exercise/Conversion
Restricted Share Units
2021-04-01−6,084→ 25,839 total
Footnotes (9)
- [F1]The number of Ordinary Shares reflects the aggregate settlement of the two (2) restricted share units reported below upon vesting, net of Ordinary Shares that were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [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 1, 2021. Twenty-five percent (25%) of the units vest on April 1, 2022 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.
- [F4]The restricted share units reported as disposed of herein reflect the number of Ordinary Shares underlying the restricted share units that were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F5]Price reflects the closing price of the Issuer's Ordinary Shares on the Nasdaq Global Select Market on April 1, 2021.
- [F6]These restricted share units were granted on April 1, 2019. Twenty-five percent (25%) of the units vested on April 1, 2020, twenty-five percent (25%) of the units vested on April 1, 2021, 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.
- [F7]The restricted share units reported as disposed of herein were settled for the Issuer's Ordinary Shares upon the vesting of such units (as reported in Row 1 above).
- [F8]These restricted share units were granted on April 1, 2020. Twenty-five percent (25%) of the units vested 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.
- [F9]This option was granted on April 1, 2021. Twenty-five percent (25%) of the shares vest on April 1, 2022, and the remainder of the shares vest on a quarterly basis over the next three (3) years, provided that the Reporting Person remains an employee of the Issuer on each such vesting date.