SEC Form 4 · accession 0001127602-17-011343

MITEL NETWORKS CORP · MITL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks

Period of report

Mar 9, 2017

Accepted (ET)

Mar 13, 2017 · 12:02 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001170534

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Shares	Mar 9, 2017	M	10,125	$6.50	A	41,754	D
Common Shares	Mar 9, 2017	M	9,875	$6.50	A	51,629	D
Common Shares	Mar 10, 2017	S	6,116	$6.9517	D	45,513	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1	$0.00	Mar 9, 2017	M	10,125	D	—	—	Common Shares	10,125	30,375	D
Restricted Stock Units^F2	$0.00	Mar 9, 2017	M	9,875	D	—	—	Common Shares	9,875	19,750	D

F1Represents 40,500 Common Shares underlying 40,500 Restricted Stock Units ("RSUs") granted to Mr. Brinton on March 4, 2016. These RSUs will vest as follows: (i) 10,125 of the RSUs will vest on March 4, 2017; (ii) 10,125 of the RSUs will vest on March 4, 2018; (iii) 10,125 of the RSUs will vest on March 4, 2019; and (iv) 10,125 of the RSUs will vest on March 4, 2020.
F2Represents 29,625 Common Shares underlying 29,625 RSUs granted to Mr. Brinton on March 5, 2015. These RSUs will vest as follows: (i) 9,875 of the RSUs will vest on March 5, 2017; (ii) 9,875 of the RSUs will vest on March 5, 2018; and (iii) 9,875 of the RSUs will vest on March 5, 2019.