SEC Form 4 · accession 0001127602-17-017876
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martha Helena Bejar
Director
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 2:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001170534
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Common Shares)F1 | $6.47 | May 10, 2017 | A | 45,000 | A | May 10, 2018 | May 10, 2024 | Common Shares | 45,000 | 45,000 | D |
| Restricted Stock UnitsF2 | — | May 10, 2017 | A | 14,500 | A | — | — | Common Shares | 14,500 | 14,500 | D |
| Restricted Stock UnitsF3 | — | May 10, 2017 | A | 429 | A | — | — | Common Shares | 429 | 429 | D |
Explanation of responses
- F145,000 stock options to purchase common shares ("Common Shares") of Mitel Networks Corporation (the "Company") were granted to Martha Bejar on May 10, 2017. 3 year vesting schedule, 1/3 annually - 5/10/2018, 5/10/2019 and 5/1/2020
- F2Represents 14,500 Common Shares underlying 14,500 RSUs granted on May 10, 2017. These RSUs have a cliff vest at year end December 31, 2017
- F3Represents 429 Common Shares underlying 429 RSUs granted on May 10, 2017. These RSUs vest immediately.