SEC Form 4 · accession 0001127602-17-026279
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Gerald Lokar
Officer — Chief Human Resources Officer
Period of report
Aug 22, 2017
Accepted (ET)
Aug 23, 2017 · 9:59 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 | Aug 22, 2017 | M | 6,000 | $7.17 | A | 6,000 | D | |
| Common Shares | Aug 22, 2017 | S | 6,000 | $8.20 | D | 0 | 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 | $7.17 | Aug 22, 2017 | M | 6,000 | D | — | Mar 4, 2023 | Common Shares | 6,000 | 68,250 | D |
Explanation of responses
- F174,250 stock options to purchase common shares ("Common Shares") of Mitel Networks Corporation (the "Company") were granted to Mr. Lokar on March 4, 2016. 4,640 options vested on June 4, 2016 and are scheduled to vest in approximately equal installments every three months thereafter until March 4, 2020.