SEC Form 4 · accession 0001127602-18-009008
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Graham Bevington
Officer — See Remarks
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 1:34 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 | 2,875 | $0.00 | A | 47,475 | D | |
| Common SharesF1 | Feb 27, 2018 | S | 880 | $8.3952 | D | 46,595 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Feb 26, 2018 | M | 2,875 | D | — | Apr 3, 2021 | Common Shares | 2,875 | 2,875 | D |
Explanation of responses
- F1Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs
- F2Represents 5,750 Common Shares underlying 5,750 RSUs granted to Mr. Bevington on April 3, 2014. These RSUs will vest as follows: (i) 2,875 of the RSUs will vest on March 1, 2017; and (ii) 2,875 of the RSUs will vest on December 15, 2017.