SEC Form 4 · accession 0001127602-18-024954
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P McHugh
Director
Period of report
Aug 6, 2018
Accepted (ET)
Aug 8, 2018 · 3:07 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 | Aug 6, 2018 | M | 1,525 | $11.01 | A | 86,811 | 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 | — | Aug 6, 2018 | M | 1,525 | D | — | — | Common Shares | 1,525 | 0 | D |
Explanation of responses
- F1Represents 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