SEC Form 4 · accession 0001127602-18-009052
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Williams
Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 3:41 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 | 234,500 | D | |
| Common SharesF1 | Feb 27, 2018 | S | 6,870 | $8.3952 | D | 227,630 | D | |
| Common SharesF2 | holding | — | — | — | 2,300 | I | June William (Spouse) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | 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
- F22,300 Common Shares were purchased March 3, 2017 by Mr. William's wife, June Williams. Mr. Williams disclaims beneficial ownership of the Common Shares held by his wife and this report shall not be deemed an admission that Mr. Williams is a beneficial owner of such for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- F3Represents 14,500 Common Shares underlying 14,500 Restricted Stock Units ("RSUs") granted to Mr. Williams on May 10, 2017. These RSUs will vest on December 31, 2017.