SEC Form 4 · accession 0001127602-17-026158
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Edward Spooner
Officer — Chief Financial Officer
Period of report
Aug 18, 2017
Accepted (ET)
Aug 22, 2017 · 11:35 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 | 25,000 | D | — | Jul 15, 2017 | Common Shares | 25,000 | 0 | D |
Explanation of responses
- F1Represents 25,000 unexercised and out-of-the-money stock options previously granted to Mr. Spooner 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.
- F225,000 stock options to purchase Common Shares of the Company were granted to Mr. Spooner on July 15, 2010. 1,562 options vested on October 15, 2010 and vested in approximately equal installments every three months thereafter until July 15, 2014.