SEC Form 4 · accession 0001127602-17-026148
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Graham Bevington
Officer — See Remarks
Period of report
Aug 18, 2017
Accepted (ET)
Aug 22, 2017 · 10:46 am 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,F2 | — | Aug 18, 2017 | J | 30,000 | D | — | Jul 15, 2017 | Common Shares | 30,000 | 0 | D |
Explanation of responses
- F1Represents 30,000 unexercised and out-of-the-money stock options previously granted to Mr. Bevington that expired on August 18, 2017. The expiry date for such options had been extended in accordance with the 2006 Equity Incentive Plan, to August 18, 2017 as a result of the original expiry date of July 15, 2017 coinciding with a black-out period for the Issuer.
- F230,000 stock options to purchase Common Shares of the Company were granted to Mr. Bevington on July 15, 2010. 1,875 options vested on October 15, 2010 and vested in equal installments every three months thereafter until July 15, 2014.