SEC Form 4 · accession 0001127602-18-009518
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martha Helena Bejar
Director
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 11:25 am 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 28, 2018 | M | 14,500 | $0.00 | A | 16,629 | D | |
| Common SharesF1 | Mar 1, 2018 | S | 590 | $8.1437 | D | 16,039 | 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 28, 2018 | M | 14,500 | D | — | — | Common Shares | 14,500 | 0 | D |
| Restricted Stock UnitsF3 | — | Feb 28, 2018 | A | 1,039 | A | — | — | Common Shares | 1,039 | 1,039 | D |
Explanation of responses
- F1Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs.
- F2Represents 14,500 Common Shares underlying 14,500 RSUs granted on May 10, 2017. These RSUs have a cliff vest at year end December 31, 2017
- F3Represents 1039 Common Shares underlying 1039 RSUs granted on February 28, 2018. These RSUs vest immediately.