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Filing Details

Accession Number:: 0001209191-21-007308
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-03 17:00:21
Reporting Period:: 2021-02-01

Accepted Time:: 2021-02-03 17:00:21
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1644675	Mimecast Ltd	MIME	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1762176	M. Karen Anderson	C/O Mimecast North America, Inc. 191 Spring Street Lexington MA 02421	Chief Human Resources Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Ordinary Shares	Acquisiton	2021-02-01	4,298	$0.00	8,663	No	4	M	Direct
Restricted Share Units	Disposition	2021-02-01	1,952	$44.45	16,798	No	4	F	Direct
Restricted Share Units	Disposition	2021-02-01	4,298	$0.00	12,500	No	4	M	Direct
Ordinary Shares	Disposition	2021-02-02	4,243	$45.15	4,420	No	4	S	Direct
Ordinary Shares	Disposition	2021-02-02	55	$45.78	4,365	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Restricted Share Units	12,732	Direct

Footnotes

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.
Each restricted share unit represents a contingent right to receive one share of the Issuer's Ordinary Shares.
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.
Price reflects the closing price of the Issuer's Ordinary Shares on the Nasdaq Global Select Market on February 1, 2021.
These restricted share units were granted on February 1, 2019. Twenty-five percent (25%) of the units vested on February 1, 2020, twenty-five percent (25%) of the units vested on February 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 such vesting date.
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).
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 16, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.735 - $45.605, 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.
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.