Neil Murray - Jul 19, 2021 Form 4 Insider Report for Mimecast Ltd (MIME)

Role
Director
Signature
/s/ Robert P. Nault, Attorney-in-Fact
Stock symbol
MIME
Transactions as of
Jul 19, 2021
Transactions value $
-$1,892,570
Form type
4
Date filed
7/20/2021, 05:00 PM
Previous filing
May 20, 2021
Next filing
Aug 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIME Ordinary Shares Sale -$1.07M -19.9K -2.29% $53.85 851K Jul 19, 2021 Direct F1, F2
transaction MIME Ordinary Shares Sale -$821K -15.1K -1.78% $54.37 836K Jul 19, 2021 Direct F1, F3
holding MIME Restricted Share Units 3.72K Jul 19, 2021 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 14, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.15 - $54.13, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.15 - $54.5450, 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.
F4 Each restricted share unit represents a contingent right to receive one share of the Issuer's Ordinary Shares.
F5 These restricted share units were granted on October 8, 2020 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).