WALSH JOHN J JR 4
4 · Mimecast Ltd · Filed May 14, 2021
Insider Transaction Report
Form 4
Mimecast LtdMIME
WALSH JOHN J JR
Sr. Vice President,Engineering
Transactions
- Exercise/Conversion
Share Option (Right to Buy)
2021-05-13−5,000→ 13,200 totalExercise: $34.82Exp: 2028-04-02→ Ordinary Shares (5,000 underlying) - Exercise/Conversion
Ordinary Shares
2021-05-13$24.45/sh+20,000$489,000→ 31,642 total - Exercise/Conversion
Ordinary Shares
2021-05-13$34.82/sh+5,000$174,100→ 36,642 total - Sale
Ordinary Shares
2021-05-13$46.55/sh−31,976$1,488,643→ 4,666 total - Sale
Ordinary Shares
2021-05-13$47.09/sh−3,024$142,412→ 1,642 total - Exercise/Conversion
Share Option (Right to Buy)
2021-05-13−20,000→ 103,500 totalExercise: $24.45Exp: 2027-05-01→ Ordinary Shares (20,000 underlying)
Holdings
- 14,687
Restricted Share Units
- 22,469
Restricted Share Units
- 5,500
Restricted Share Units
- 850
Restricted Share Units
- 825
Restricted Share Units
Footnotes (10)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.80 - $46.705, 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.
- [F10]This option was granted on April 2, 2018. Twenty-five percent (25%) of the shares vested on April 1, 2019, 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.02 - $47.28, 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.
- [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 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.
- [F5]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.
- [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]These restricted share units were granted on June 1, 2018. Twenty-five percent (25%) of the units vested on June 1, 2019, twenty-five percent (25%) of the units vested on June 1, 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.
- [F8]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, twenty-five percent (25%) of the units vested on April 2, 2021, and the remainder of the units vest on April 2, 2022, provided that the Reporting Person remains an employee of the Issuer on such vesting date.
- [F9]This option was granted on May 1, 2017. Twenty-five percent (25%) of the shares vested on May 1, 2018 and the remainder of the shares vested on a quarterly basis over the next three (3) years. This option is fully vested.