SEC Form 4 · accession 0001127602-17-021132
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory James Hiscock
Officer — See Remarks
Period of report
Jun 8, 2017
Accepted (ET)
Jun 12, 2017 · 9:48 am 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 | Jun 8, 2017 | M | 3,750 | $3.80 | A | 12,313 | D | |
| Common Shares | Jun 8, 2017 | S | 1,400 | $7.34 | D | 10,913 | D | |
| Common Shares | Jun 8, 2017 | S | 1,750 | $7.341 | D | 9,163 | D | |
| Common Shares | Jun 8, 2017 | S | 600 | $7.35 | D | 8,563 | D |
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 | $3.80 | Jun 8, 2017 | M | 3,750 | D | — | Jul 1, 2020 | Common Shares | 3,750 | 625 | D |
Explanation of responses
- F110,000 stock options to purchase Common Shares of the Company were granted to Mr. Hiscock on July 1, 2013. 625 options vested on October 1, 2013 and are scheduled to vest in equal installments every three months thereafter until July 1, 2017. 625 options remain outstanding as of the date hereof.