SEC Form 4 · accession 0001127602-18-010278
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Dale Agnes
Officer — See Remarks
Period of report
Mar 5, 2018
Accepted (ET)
Mar 6, 2018 · 10:31 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 SharesF1 | Mar 5, 2018 | M | 7,500 | $0.00 | A | 27,213 | D | |
| Common SharesF2 | Mar 5, 2018 | M | 7,550 | $0.00 | A | 34,763 | 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 UnitsF1 | $0.00 | Mar 5, 2018 | M | 7,500 | D | — | Mar 4, 2022 | Common Shares | 7,500 | 15,000 | D |
| Restricted Stock UnitsF2 | — | Mar 5, 2018 | M | 7,550 | D | — | — | Common Shares | 7,550 | 7,550 | D |
Explanation of responses
- F1Represents 30,000 Common Shares underlying 30,000 Restricted Stock Units ("RSUs") granted to Mr. Agnes on March 4, 2016. These RSUs will vest as follows: (i) 7,500 of the RSUs will vest on March 4, 2017; (ii) 7,500 of the RSUs will vest on March 4, 2018; (iii) 7,500 of the RSUs will vest on March 4, 2019; and (iv) 7,500 of the RSUs will vest on March 4, 2020.
- F2Represents 35,000 Common Shares underlying 35,000 RSUs granted on March 1, 2017. These RSUs vest in four equal installments annually starting March 1, 2018.