SEC Form 4 · accession 0001127602-18-009006
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Charbonneau
Director
Period of report
Feb 28, 2018
Accepted (ET)
Feb 28, 2018 · 1:28 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 | Feb 26, 2018 | M | 14,500 | $0.00 | A | 46,775 | D | |
| Common SharesF1 | Feb 27, 2018 | S | 6,870 | $8.3952 | D | 39,905 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | — | Feb 26, 2018 | M | 14,500 | D | — | — | Common Shares | 14,500 | 0 | D |
Explanation of responses
- F1Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs
- 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.
- F4Represents 10,000 Common Shares of the Company underlying 10,000 Restricted Stock Units ("RSUs") granted to Mr. Charbonneau on March 4, 2016. These RSUs vested on February 26, 2017.