SEC Form 4 · accession 0001127602-18-011635
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mahawa Vanessa Touray
Officer — Senior Vice President, Finance
Period of report
Mar 13, 2018
Accepted (ET)
Mar 15, 2018 · 9:48 am EDT
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 13, 2018 | M | 250 | — | A | 8,179 | D | |
| Common SharesF2 | Mar 14, 2018 | F | 119 | $8.70 | D | 8,060 | 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 13, 2018 | M | 250 | D | — | Mar 13, 2022 | Common Shares | 250 | 250 | D |
Explanation of responses
- F1Represents 750 Common Shares underlying 750 RSUs granted to Ms. Touray on March 13, 2015. These RSUs will vest as follows: (i) 250 of the RSUs will vest on March 13, 2017; (ii) 250 of the RSUs will vest on March 13, 2018; and (iii) 250 of the RSUs will vest on March 13, 2019.
- F2Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs.