SEC Form 4 · accession 0001127602-18-016938
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P McHugh
Director
Period of report
May 9, 2018
Accepted (ET)
May 10, 2018 · 2:57 pm EDT
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 UnitsF1 | — | May 9, 2018 | A | 14,500 | A | — | — | Common Shares | 14,500 | 14,500 | D |
| Restricted Stock UnitsF2 | — | May 9, 2018 | A | 1,525 | A | — | — | Common Shares | 1,525 | 1,525 | D |
Explanation of responses
- F1Represents 14,500 Common Shares underlying 14,500 Restricted Stock Units ("RSUs") granted to Mr. McHugh on May 9, 2018 as part of the annual compensation package. These RSUs will vest on December 31, 2018.
- F2Represents 1,525 Restricted Stock Units ("RSUs") granted to Mr. McHugh on May 9, 2018 in lieu of quarterly cash fees. As the Corporation is currently in a black-out period, the immediate vesting of the RSUs (as per the approved compensation package) will be deferred until the next open trade window