13G Filing: Colin Moran’s Abdiel Capital Takes 5% Stake in Mimecast Ltd (MIME)

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Form 13G’s must be filed with the SEC upon any investor or entity amassing at least 5% of a company’s outstanding shares, or alternatively, an investment falling beneath the 5% ownership threshold. Investors should closely monitor this filing activity, as it represents the trading activity of some of the company’s biggest supporters, who have doubtlessly done an immense amount of research on the company and its sector and have a good understanding of its value and potential. Below we have embedded just such a filing, issued by Colin Moran‘s Abdiel Capital Advisors on Mimecast Ltd (NASDAQ:MIME), revealing the investment firm’s 5% stake in the data solutions provider, representing 2.73 million shares of stock. Mr. Moran’s firm reported no ownership of the stock as of the end of December.

Colin Moran

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Abdiel Qualified Master Fund 0 2,591,731 0 2,591,731 4.8%
Abdiel Capital 0 133,501 0 133,501 0.2%
Abdiel Capital Management 0 2,725,232 0 2,725,232 5.0%
Abdiel Capital Advisors 0 2,725,232 0 2,725,232 5.0%
Colin T. Moran 0 2,725,232 0 2,725,232 5.0%

Page 1 of 8 SEC Filing

UNITED STATES 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
Mimecast Limited
(Name of Issuer)
Ordinary Shares, $0.012 par value
(Title of Class of Securities)
G14838109
(CUSIP Number)
February 16, 2016
Date of Event Which Requires Filing of this Statement
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
o  Rule 13d-1(b)
 
x   Rule 13d-1(c)
 
o   Rule 13d-1(d)
*  The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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