Key facts
- This page summarizes Peter Bauer's Form 4 filing for Mimecast Ltd.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 08 Jul 2021, 17:00.
Peter Bauer - 07 Jul 2021 Form 4 Insider Report for Mimecast Ltd
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- N/A
- Reported as of
- 07 Jul 2021
- Net transaction value
- -$409,268
- SEC form
- 4
- Accepted by SEC
- 08 Jul 2021, 17:00:43 UTC
- Prior SEC filing
- 16 Jun 2021
- Next SEC filing
- 19 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert P. Nault, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Peter Bauer filed Form 4 for Mimecast Ltd on 08 Jul 2021.
Change
- Previous filing in this sequence was filed on 16 Jun 2021.
- Current net transaction value: -$409,268.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MIME
transaction
Ordinary Shares
Sale
- Transaction value
- $409,268
- Shares
- -7,500
- Change %
- -0.39%
- Price
- $54.57
- Shares after
- 1,928,577
- Date
- 07 Jul 2021
- Ownership
- By Rock Trustees Limited
- Footnotes
- F1, F2, F3
MIME
holding
Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,351,876
- Date
- 07 Jul 2021
- Ownership
- By Declaration of Trust of Peter Bauer
- Footnotes
- F4
MIME
holding
Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,544
- Date
- 07 Jul 2021
- Ownership
- By The Bauer Irrevocable Trust - 2020
- Footnotes
- F5
MIME
holding
Restricted Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,250
- Date
- 07 Jul 2021
- Ownership
- Direct
- Footnotes
- F6, F7
MIME
holding
Restricted Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,000
- Date
- 07 Jul 2021
- Ownership
- Direct
- Footnotes
- F6, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2020.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.25 - $55.005, 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.
Footnote F3
These shares are held by Rock Trustees Limited as trustee of the Butterworth Trust (the "Butterworth Trust"), of which the Reporting Person is a beneficiary. As trustee of the Butterworth Trust, Rock Trustees Limited exercises dispositive power over the shares held therein. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by the Butterworth Trust, except to the extent, if any, of his pecuniary interest therein.
Footnote F4
These shares are held by the Declaration of Trust of Peter Bauer. The Reporting Person is a beneficiary, and the sole trustee of, the Declaration of Trust of Peter Bauer.
Footnote F5
These shares are held by The Bauer Irrevocable Trust - 2020 for the benefit of the Reporting Person's children. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by The Bauer Irrevocable Trust - 2020, except to the extent, if any, of his pecuniary interest therein.
Footnote F6
Each restricted share unit represents a contingent right to receive one share of the Issuer's Ordinary Shares.
Footnote F7
These restricted share units were granted on April 2, 2018. Twenty-five percent (25%) of the units vested on April 2, 2019, twenty-five percent (25%) of the units vested on April 2, 2020, twenty-five percent (25%) of the units vested on April 2, 2021, and the remainder of the units vest on April 2, 2022, provided that the Reporting Person remains an employee of the Issuer on such vesting date.
Footnote F8
These restricted share units were granted on April 1, 2019. Twenty-five percent (25%) of the units vested 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 two (2) years, provided that the Reporting Person remains an employee of the Issuer on each such vesting date.
SEC 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).