SEC Form 4 · accession 0001127602-18-010599
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Abbott
Officer — EVP Global Sales
Period of report
Feb 28, 2018
Accepted (ET)
Mar 7, 2018 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001170534
Table I — non-derivative securities
No Table I lines on this filing.
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,F1 | — | Feb 28, 2018 | A | 61,125 | A | — | — | Common Shares | 61,125 | 61,125 | D |
| Performance Share UnitsF2,F3 | — | Feb 28, 2018 | A | 61,125 | A | — | Feb 28, 2021 | Common Shares | 61,125 | 61,125 | D |
Explanation of responses
- F1Represents 61,125 Common Shares underlying 61,125 RSUs granted on February 28, 2018. These RSUs vest in four equal installments annually starting February 28, 2019.
- F2The late filing of this equity award is due to a clerical error.
- F3Date exercisable for PSUs will vary for each vesting tranche based on achievement of share price performance milestones. The PSUs will expire three years from the date of grant.