Neil Murray - 19 Aug 2021 Form 4 Insider Report for Mimecast Ltd

Role
Director
Signature
/s/ Robert P. Nault, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
19 Aug 2021
Net transactions value
-$2,028,138
Form type
4
Filing time
19 Aug 2021, 17:00:29 UTC
Previous filing
20 Jul 2021
Next filing
21 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIME Ordinary Shares Sale $2,028,138 -35,000 -4.2% $57.95 800,595 19 Aug 2021 Direct F1, F2
holding MIME Restricted Share Units 3,720 19 Aug 2021 Direct F3, F4
* 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 $57.27 - $58.18, 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 Each restricted share unit represents a contingent right to receive one share of the Issuer's Ordinary Shares.
F4 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).