SEC Form 4 · accession 0001209191-19-006880
Mimecast Ltd · MIME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen M. Anderson
Officer — Chief Human Resources Officer
Period of report
Feb 1, 2019
Accepted (ET)
Feb 4, 2019 · 5:27 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | Feb 1, 2019 | A | 25,000 | $0.00 | A | 25,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Option (Right to Buy)F3 | $40.00 | Feb 1, 2019 | A | 125,000 | A | — | Feb 1, 2029 | Ordinary Shares | 125,000 | 125,000 | D |
Explanation of responses
- F1Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
- F2These restricted share units were granted on February 1, 2019. Twenty-five percent (25%) of the units vest on February 1, 2020 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 such vesting date.
- F3This option was granted on February 1, 2019. Twenty-five percent (25%) of the shares vest on February 1, 2020, 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 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 January 3, 2019).