Key facts
- This page summarizes Aron J. Ain's Form 4 filing for Mimecast Ltd.
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 23 May 2022, 16:57.
Aron J. Ain - 19 May 2022 Form 4 Insider Report for Mimecast Ltd
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 19 May 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 May 2022, 16:57:40 UTC
- Prior SEC filing
- 08 Oct 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.
4 source fields
Reporting owner
1 detail
Key filing fact
Aron J. Ain filed Form 4 for Mimecast Ltd on 23 May 2022.
Change
- Previous filing in this sequence was filed on 08 Oct 2021.
- Current net transaction value: $0.
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
Disposed to Issuer
- Transaction value
- Shares
- -21,130
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 May 2022
- Ownership
- Direct
- Footnotes
- F1
MIME
transaction
Restricted Share Units
Disposed to Issuer
- Transaction value
- Shares
- -3,930
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 May 2022
- Ownership
- Direct
- Footnotes
- F2, F3, F4
MIME
transaction
Restricted Share Units
Disposed to Issuer
- Transaction value
- Shares
- -2,742
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 May 2022
- Ownership
- Direct
- Footnotes
- F2, F3, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Aron J. Ain is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
In connection with the effective time (the "Effective Time") of the court-sanctioned scheme of arrangement contemplated by that certain Transaction Agreement between Magnesium Bidco Limited ("Magnesium Bidco"), an affiliate of Permira Advisers LLC ("Permira"), and Mimecast Limited ("Issuer"), dated December 7, 2021 (the "Transaction Agreement") and the election by the Reporting Person to participate in the equity of Permira or its affiliates following the Effective Time, the Reporting Person exchanged the legal and beneficial ownership of each ordinary share of Issuer held by the Reporting Person for shares of Magnesium Topco Limited, an affiliate of Permira, prior to the Effective Time.
Footnote F2
Each restricted share unit ("RSU") represents a contingent right to receive one Issuer ordinary share.
Footnote F3
At the Effective Time, each RSU that was vested and outstanding as of immediately prior to the Effective Time ("Vested RSU") was canceled and converted into the right to receive an amount in cash equal to $80.00 multiplied by the aggregate number of shares subject to such Vested RSU, subject to required withholding taxes.
Footnote F4
These RSUs were granted on October 3, 2019 and vested in full on the one year anniversary of the date of grant.
Footnote F5
These RSUs were granted on October 6, 2021 and vest in full on the one year anniversary of the date of grant.