SEC Form 4 · accession 0001127602-17-027126
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Charbonneau
Director
Period of report
Sep 6, 2017
Accepted (ET)
Sep 7, 2017 · 11:28 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 | Sep 6, 2017 | M | 32,668 | $6.50 | A | 64,943 | D | |
| Common SharesF1 | Sep 6, 2017 | S | 32,668 | $8.024 | D | 32,275 | D | |
| Common SharesF2 | holding | — | — | — | 13,927 | I | Held By Joan Charbonneau (spouse) | |
| Common SharesF3 | holding | — | — | — | 2,019 | I | Held By The Peter Charbonneau Trust #2 |
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) | $6.50 | Sep 6, 2017 | M | 32,668 | D | Sep 16, 2011 | Sep 16, 2017 | Common Shares | 32,668 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $8.02 to $8.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, full information regarding the number of shares and prices at which the transaction was effected.
- F213,927 common shares ("Common Shares") of Mitel Networks Corporation (the "Company") are held by Mr. Charbonneau's wife, Joan Charbonneau. Mr. Charbonneau disclaims beneficial ownership of the Common Shares held by his wife and this report shall not be deemed an admission that Mr. Charbonneau is a beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- F32,019 Common Shares of the Company are held by the Peter Charbonneau Trust #2, of which Mr. Charbonneau is the sole trustee. Mr. Charbonneau disclaims beneficial ownership of the Common Shares held by the Peter Charbonneau Trust #2, except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that Mr. Charbonneau is a beneficial owner of such shares for purposes of Section 16 of the Exchange Act or for any other purpose.