SEC Form 4 · accession 0001127602-18-009041

MITEL NETWORKS CORP · MITL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Feb 26, 2018

Accepted (ET)

Feb 28, 2018 · 3:27 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	8,650	$0.00	A	190,454	D
Common Shares^F1	Feb 27, 2018	S	4,100	$8.3952	D	186,354	D
Common Shares	holding	—	—		—	14,900	I	Held By Registered Retirement Savings Plan For Steven Edward Spooner
Common Shares^F2	holding	—	—		—	5,100	I	Held By The Spooner Children Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3	—	Feb 26, 2018	M	8,650	D	—	—	Common Shares	8,650	52,675	D

F1Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs
F25,100 common shares ("Common Shares") of Mitel Networks Corporation (the "Company") are held by the Spooner Children Trust, of which Mr. Spooner is one of three trustees, for the benefit of the children of Mr. Spooner. Mr. Spooner disclaims beneficial ownership of the Common Shares held for the benefit of his children and this report shall not be deemed an admission that Mr. Spooner is a beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3Represents 17,300 Common Shares underlying 17,300 RSUs granted to Mr. Spooner on April 3, 2014. These RSUs will vest as follows: (i) 8,650 of the RSUs will vest on March 1, 2017; and (ii) 8,650 of the RSUs will vest on December 15, 2017.