SEC Form 4 · accession 0001127602-17-011358
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Anthony Bellomo
Officer — See Remarks
Period of report
Mar 9, 2017
Accepted (ET)
Mar 13, 2017 · 12:25 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 9, 2017 | M | 775 | $6.50 | A | 3,044 | D | |
| Common Shares | Mar 9, 2017 | M | 1,500 | $6.50 | A | 4,544 | D | |
| Common Shares | Mar 10, 2017 | S | 995 | $6.9517 | D | 3,549 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Mar 9, 2017 | M | 775 | D | — | — | Common Shares | 775 | 1,725 | D |
| Restricted Stock UnitsF2 | $0.00 | Mar 9, 2017 | M | 1,500 | D | — | Mar 4, 2023 | Common Shares | 1,500 | 4,500 | D |
Explanation of responses
- F1Represents 2,500 Common Shares underlying 2,500 RSUs granted to Mr. Bellomo on August 6, 2014. These RSUs will vest as follows: (i) 1,250 of the RSUs will vest on August 6, 2017; and (ii) 1,250 of the RSUs will vest on August 6, 2018.
- F2Represents 6,000 Common Shares underlying 6,000 Restricted Stock Units ("RSUs") granted to Mr. Bellomo on March 4, 2016. These RSUs will vest as follows: (i) 1,500 of the RSUs will vest on March 4, 2017; (ii) 1,500 of the RSUs will vest on March 4, 2018; (iii) 1,500 of the RSUs will vest on March 4, 2019; and (iv) 1,500 of the RSUs will vest on March 4, 2020.