SEC Form 4 · accession 0001127602-17-011364

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 · 12:32 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	16,875	$6.50	A	35,947	D
Common Shares	Mar 9, 2017	M	17,525	$6.50	A	53,472	D
Common Shares	Mar 10, 2017	S	8,872	$6.9517	D	44,600	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	16,875	D	—	Mar 4, 2023	Common Shares	16,875	50,625	D
Restricted Stock Units^F2	$0.00	Mar 9, 2017	M	17,525	D	—	Mar 5, 2022	Common Shares	17,525	35,050	D

F1Represents 67,500 Common Shares underlying 60,750 Restricted Stock Units ("RSUs") granted to Mr. Bevington on March 4, 2016. These RSUs will vest as follows: (i) 16,875 of the RSUs will vest on March 4, 2017; (ii) 16,875 of the RSUs will vest on March 4, 2018; (iii) 16,875 of the RSUs will vest on March 4, 2019; and (iv) 16,875 of the RSUs will vest on March 4, 2020.
F2Represents 52,575 Common Shares underlying 52,575 RSUs granted to Mr. Bevington on March 5, 2015. These RSUs will vest as follows: (i) 17,525 of the RSUs will vest on March 5, 2017; (ii) 17,525 of the RSUs will vest on March 5, 2018; and (iii) 17,525 of the RSUs will vest on March 5, 2019.