SEC Form 4 · accession 0001209191-18-060014
Mimecast Ltd · MIME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hagi Schwartz
Director
Period of report
Nov 23, 2018
Accepted (ET)
Nov 27, 2018 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001644675
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Nov 23, 2018 | S | 284 | $35.06 | D | 2,082 | D | |
| Ordinary SharesF3 | holding | — | — | — | 25,651 | I | By Schwartz Family Trust | |
| Restricted Share UnitsF4,F5 | holding | — | — | — | 4,221 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2018.
- F2These shares were sold by the Reporting Person to satisfy personal tax withholding requirements associated with the vesting of restricted share units.
- F3These shares are held by the Schwartz Family Trust (the "Trust"). The Reporting Person is a beneficiary of the shares held by the Trust and is the sole Trustee of the Trust.
- F4Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
- F5These restricted share units were granted on October 4, 2018, and vest in full on the one year anniversary of the date of grant, provided that the Reporting Person remains a director of the Issuer on such vesting date.
Remarks
Exhibit 24 Power of Attorney (incorporated by reference to Power of Attorney filed as Exhibit 24 to Form 3 filed by the Reporting Person on April 2, 2018).