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Filing Details

Accession Number:: 0001209191-20-028513
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-05-12 16:28:14
Reporting Period:: 2020-04-06

Accepted Time:: 2020-05-12 16:28:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1644675	Mimecast Ltd	MIME	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1676397	Peter Bauer	C/O Mimecast North America, Inc. 191 Spring Street Lexington MA 02421	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Ordinary Shares	Disposition	2020-04-06	4,773	$0.00	125,000	No	5	G	Direct
Ordinary Shares	Disposition	2020-05-08	8,458	$44.00	116,542	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	G	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Ordinary Shares	2,142,500	Indirect	By Rock Trustees Limited
Ordinary Shares	1,524,376	Indirect	By Declaration of Trust of Peter Bauer
Ordinary Shares	4,773	Indirect	The Bauer Irrevocable Trust - 2020
Restricted Share Units	4,500	Direct
Restricted Share Units	13,500	Direct

Footnotes

The reported transaction reflects a gift by the Reporting Person to The Bauer Irrevocable Trust - 2020.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2019.
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.
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.
These shares are held by The Bauer Irrevocable Trust - 2020 for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of the shares held by The Bauer Irrevocable Trust - 2020.
Each restricted share unit represents a contingent right to receive one share of the Issuer's ordinary shares.
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, 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.
These restricted share units were granted on April 1, 2019. Twenty-five percent (25%) of the units vested on April 1, 2020 and the remainder of the units vest on an annual basis over the next three (3) years, provided that the Reporting Person remains an employee of the Issuer on each such vesting date.