4//SEC Filing
Bentley Heather 4
Accession 0001209191-21-067676
CIK 0001644675other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 5:30 PM ET
Size
12.6 KB
Accession
0001209191-21-067676
Insider Transaction Report
Form 4
Mimecast LtdMIME
Bentley Heather
SVP, Customer Success & Supp.
Transactions
- Tax Payment
Restricted Share Units
2021-12-01$76.34/sh−2,938$224,287→ 15,812 total - Exercise/Conversion
Ordinary Shares
2021-12-01+3,312→ 7,219 total - Exercise/Conversion
Restricted Share Units
2021-12-01−3,312→ 12,500 total
Holdings
- 3,370
Restricted Share Units
- 9,400
Restricted Share Units
- 12,239
Restricted Share Units
Footnotes (9)
- [F1]The number of Ordinary Shares reflects the settlement of restricted share units 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]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.
- [F4]Price reflects the closing price of the Issuer's Ordinary Shares on the Nasdaq Global Select Market on December 1, 2021.
- [F5]These restricted share units were granted on December 2, 2019. Twenty-five percent (25%) of the units vested on December 1, 2020, twenty-five percent if the units vested on December 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.
- [F6]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).
- [F7]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.
- [F8]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.
- [F9]These restricted share units were granted on July 1, 2021. Twenty-five percent (25%) of the units vest on July 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.
Documents
Issuer
Mimecast Ltd
CIK 0001644675
Entity typeother
Related Parties
1- filerCIK 0001794656
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 5:30 PM ET
- Size
- 12.6 KB