SEC Form 4 · accession 0001127602-18-009010
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory James Hiscock
Officer — See Remarks
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 1:47 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 | 1,150 | $0.00 | A | 7,213 | D | |
| Common SharesF1 | Feb 27, 2018 | S | 548 | $8.3952 | D | 6,665 | 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 | — | Feb 26, 2018 | M | 1,150 | D | — | — | Common Shares | 1,150 | 0 | D |
Explanation of responses
- F1Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs
- F2Represents 2,300 Common Shares underlying 2,300 RSUs granted to Mr. Hiscock on April 3, 2014. These RSUs will vest as follows: (i) 1,150 of the RSUs will vest on March 1, 2017; and (ii) 1,150 of the RSUs will vest on December 15, 2017.