0001209191-21-004029.txt : 20210119
0001209191-21-004029.hdr.sgml : 20210119
20210119163832
ACCESSION NUMBER: 0001209191-21-004029
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210115
FILED AS OF DATE: 20210119
DATE AS OF CHANGE: 20210119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bauer Peter
CENTRAL INDEX KEY: 0001676397
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37637
FILM NUMBER: 21535980
MAIL ADDRESS:
STREET 1: CITYPOINT, ONE ROPEMAKER STREET
CITY: MOORGATE, LONDON
STATE: X0
ZIP: EC2Y 9AW
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Mimecast Ltd
CENTRAL INDEX KEY: 0001644675
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: X0
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 1 FINSBURY AVENUE
CITY: LONDON
STATE: X0
ZIP: EC2M 2PF
BUSINESS PHONE: 44(0)2078478700
MAIL ADDRESS:
STREET 1: 1 FINSBURY AVENUE
CITY: LONDON
STATE: X0
ZIP: EC2M 2PF
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-01-15
0
0001644675
Mimecast Ltd
MIME
0001676397
Bauer Peter
C/O MIMECAST NORTH AMERICA, INC.
191 SPRING STREET
LEXINGTON
MA
02421
1
1
0
0
Chief Executive Officer
Ordinary Shares
2021-01-15
4
S
0
13657
43.9677
D
1443219
I
By Declaration of Trust of Peter Bauer
Ordinary Shares
2021-01-15
4
S
0
3843
44.7201
D
1439376
I
By Declaration of Trust of Peter Bauer
Ordinary Shares
1973577
I
By Rock Trustees Limited
Ordinary Shares
4773
I
By The Bauer Irrevocable Trust
Restricted Share Units
4500
D
Restricted Share Units
13500
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.45 - $44.445, 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.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.46 - $45.70, 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.
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 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.
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.
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).
/s/ Robert P. Nault, Attorney-in-Fact
2021-01-19