SEC Form 4 · accession 0001127602-18-010552

MITEL NETWORKS CORP · MITL

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

Reporting owner

Officer — See Remarks

Period of report

Feb 28, 2018

Accepted (ET)

Mar 7, 2018 · 4:12 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
Common Shares	Mar 5, 2018	M	1,625	$0.00	A	10,532	D
Common Shares	Mar 5, 2018	M	1,937	$0.00	A	12,469	D
Common Shares^F1	Mar 6, 2018	S	1,080	$8.0086	D	11,389	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F2	—	Feb 28, 2018	A	25,000	A	—	—	Common Shares	25,000	25,000	D
Restricted Stock Units^F4	$0.00	Mar 5, 2018	M	1,625	D	—	—	Common Shares	1,625	3,250	D
Restricted Stock Units^F5	$0.00	Mar 5, 2018	M	1,937	D	—	—	Common Shares	1,937	1,939	D

F1Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs
F2Represents 25,000 Common Shares underlying 25,000 RSUs granted on February 28, 2018. These RSUs vest in four equal installments annually starting February 28, 2019.
F3The late filing of this equity award is due to a clerical error.
F4Represents 6,500 Common Shares underlying 6,500 Restricted Stock Units ("RSUs") granted to Mr. McCarthy on March 4, 2016. These RSUs will vest as follows: (i) 1,625 of the RSUs will vest on March 4, 2017; (ii) 1,625 of the RSUs will vest on March 4, 2018; (iii) 1,625 of the RSUs will vest on March 4, 2019; and (iv) 1,625 of the RSUs will vest on March 4, 2020.
F5Represents 5,813 Common Shares underlying 5,813 RSUs granted to Mr. McCarthy on March 5, 2015. These RSUs will vest as follows: (i) 1,937 of the RSUs will vest on March 5, 2017; (ii) 1,937 of the RSUs will vest on March 5, 2018; and (iii) 1,939 of the RSUs will vest on March 5, 2019.