SEC Form 3 · accession 0001127602-18-017509

MITEL NETWORKS CORP · MITL

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

Reporting owner

Officer — Chief Information Officer

Period of report

Mar 1, 2018

Accepted (ET)

May 15, 2018 · 3:52 pm 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 Shares	holding	—	—		—	3,061	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Options (Common Shares)^F1	$8.79	holding	—	—	—	—	Feb 5, 2021	Common Shares	10,000	—	D
Restricted Stock Units^F2	—	holding	—	—	—	—	—	Common Shares	1,939	—	D
Options (Common Shares)^F3	$9.70	holding	—	—	—	—	Mar 5, 2022	Common Shares	8,250	—	D
Restricted Stock Units^F4	—	holding	—	—	—	—	—	Common Shares	6,000	—	D
Restricted Stock Units^F5	—	holding	—	—	—	—	—	Common Shares	22,500	—	D
Performance Share Units^F6	—	holding	—	—	—	—	Feb 28, 2021	Common Shares	24,450	—	D
Restricted Stock Units^F7	—	holding	—	—	—	—	—	Common Shares	24,450	—	D

F1Represents 10,000 stock options to purchase common shares ("Common Shares") of Mitel Networks Corporation were granted on February 5, 2014. 10,000 options are vested.
F2Represents 1,939 Common Shares underlying 1,939 RSUs granted to Mr. Rezaei on March 5, 2015. These RSUs will vest on March 5, 2019.
F3Represents 8,250 stock options to purchase common shares ("Common Shares") of Mitel Networks Corporation were granted on March 5, 2015. 6,187 options are vested and the remaining options vest as follows: 516 on June 5, 2018; 515 on September 5, 2018; 516 on December 5, 2018; and 516 on March 5, 2019.
F4Represents 6,000 Common Shares underlying 6,000 RSUs granted to Mr. Rezaei on March 4, 2016. These RSUs will vest as follows: 3,000 will vest on March 4, 2019 and 3,000 will vest on March 4, 2020.
F5Represents 22,500 Common Shares underlying 22,500 RSUs granted to Mr. Rezaei on March 1, 2017. These RSUs will vest as follows: 7,500 will vest on March 1, 2019; 7,500 will vest on March 1, 2020 and 7,500 will vest on March 1, 2021.
F6Date 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.
F7Represents 24,450 Common Shares underlying 24,450 RSUs granted to Mr. Rezaei on February 28, 2018. These RSUs will vest quarterly on each anniversary date starting February 28, 2019.