SEC Form 4 · accession 0001127602-17-031569
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Brinton
Officer — See Remarks
Period of report
Nov 6, 2017
Accepted (ET)
Nov 8, 2017 · 12:38 pm EST
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 | Nov 6, 2017 | M | 30,000 | $3.80 | A | 59,702 | D | |
| Common SharesF1 | Nov 6, 2017 | D | 30,000 | $8.3915 | D | 29,702 | 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)F2 | $3.80 | Nov 6, 2017 | M | 30,000 | D | — | Jul 1, 2020 | Common Shares | 30,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $8.355 to $8.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F230,000 stock options to purchase Common Shares of the Company were granted to Mr. Brinton on July 1, 2013. 1,875 options vested on October 1, 2013 and are scheduled to vest in equal installments every three months thereafter until July 1, 2017.