Key facts
- This page summarizes Peter Bauer's Form 4 filing for Mimecast Ltd.
- 6 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 04 Apr 2022, 16:45.
Peter Bauer - 01 Apr 2022 Form 4 Insider Report for Mimecast Ltd
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- N/A
- Reported as of
- 01 Apr 2022
- Net transaction value
- -$164,751
- SEC form
- 4
- Accepted by SEC
- 04 Apr 2022, 16:45:13 UTC
- Prior SEC filing
- 09 Nov 2021
- Next SEC filing
- 31 May 2022
- 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 04 Apr 2022.
Change
- Previous filing in this sequence was filed on 09 Nov 2021.
- Current net transaction value: -$164,751.
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
Options Exercise
- Transaction value
- Shares
- +4,680
- Change %
- +93600%
- Price
- Shares after
- 4,685
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3
MIME
transaction
Ordinary Shares
Gift
- Transaction value
- $0
- Shares
- -4,680
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 5
- Date
- 02 Apr 2022
- Ownership
- Direct
- Footnotes
- F4
MIME
transaction
Restricted Share Units
Tax liability
- Transaction value
- $112,142
- Shares
- -1,409
- Change %
- -16%
- Price
- $79.59
- Shares after
- 7,591
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F2, F5, F6, F7
MIME
transaction
Restricted Share Units
Options Exercise
- Transaction value
- Shares
- -3,091
- Change %
- -41%
- Price
- Shares after
- 4,500
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F2, F7, F8
MIME
transaction
Restricted Share Units
Tax liability
- Transaction value
- $52,609
- Shares
- -661
- Change %
- -29%
- Price
- $79.59
- Shares after
- 1,589
- Date
- 02 Apr 2022
- Ownership
- Direct
- Footnotes
- F2, F5, F6, F9
MIME
transaction
Restricted Share Units
Options Exercise
- Transaction value
- Shares
- -1,589
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Apr 2022
- Ownership
- Direct
- Footnotes
- F2, F8, F9
MIME
holding
Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 974,371
- Date
- 01 Apr 2022
- Ownership
- By Declaration of Trust of Peter Bauer
- Footnotes
- F10
MIME
holding
Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,898,577
- Date
- 01 Apr 2022
- Ownership
- By Rock Trustees Limited
- Footnotes
- F11
MIME
holding
Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 14,224
- Date
- 01 Apr 2022
- Ownership
- By The Bauer Irrevocable Trust - 2020
- Footnotes
- F12
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 12 footnotes
Footnote F1
The number of Ordinary Shares reflects the aggregate settlement of the two (2) restricted share units reported below upon vesting, net of Ordinary Shares that were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units on either April 1, 2022 or April 2, 2022.
Footnote F2
Each restricted share unit represents a contingent right to receive one share of the Issuer's Ordinary Shares.
Footnote F3
The ending Ordinary Share balance in this column reflects the transfer by the Reporting Person in February 2022 of five (5) Ordinary Shares from the Declaration of Trust of Peter Bauer to an account in the name of the Reporting Person.
Footnote F4
The reported transaction reflects an immediate gift by the Reporting Person upon issuance of the Ordinary Shares to The Bauer Irrevocable Trust - 2020.
Footnote F5
The restricted share units reported as disposed of herein reflect the number of Ordinary Shares underlying the restricted share units that were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
Footnote F6
Price reflects the closing price of the Issuer's Ordinary Shares on the Nasdaq Global Select Market on April 1, 2022.
Footnote F7
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, twenty-five percent (25%) of the units vested on April 1, 2022, and the remainder of the units vest on April 1, 2023, provided that the Reporting Person remains an employee of the Issuer on each such vesting date.
Footnote F8
The restricted share units reported as disposed of herein were settled for the Issuer's Ordinary Shares upon the vesting of such units (as reported in Row 1 above).
Footnote F9
These restricted share units were granted on April 2, 2018 and vested on an annual basis over four (4) years. The units were fully vested on April 2, 2022.
Footnote F10
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 F11
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 F12
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.
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).