David Raissipour - 01 Jul 2021 Form 4 Insider Report for Mimecast Ltd (MIME)

Role
Chief Tech. & Product Officer
Signature
/s/ Robert P. Nault, Attorney-in-Fact
Issuer symbol
MIME
Transactions as of
01 Jul 2021
Net transactions value
$0
Form type
4
Filing time
06 Jul 2021, 16:30:33 UTC
Previous filing
02 Jul 2021
Next filing
02 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIME Restricted Share Units Award $0 +56,401 $0.000000 56,401 01 Jul 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MIME Share Option (Right to Buy) Award $0 +124,505 $0.000000 124,505 01 Jul 2021 Ordinary Shares 124,505 $53.19 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit represents a contingent right to receive one share of the Issuer's Ordinary Shares.
F2 These restricted share units were granted on July 1, 2021. Twenty-five percent (25%) of the units vest on July 1, 2022 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.
F3 This option was granted on July 1, 2021. Twenty-five percent (25%) of the shares vest on July 1, 2022, and the remainder of the shares vest on a quarterly basis over the next three (3) years, provided that the Reporting Person remains an employee of the Issuer on each 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 July 2, 2021).