SEC Form 4 · accession 0001127602-18-027150
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Ball
Director
Period of report
Sep 6, 2018
Accepted (ET)
Sep 10, 2018 · 11:36 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 Shares | Sep 6, 2018 | M | 21,250 | $3.29 | A | 51,125 | D | |
| Common SharesF1 | Sep 6, 2018 | S | 21,250 | $10.97 | D | 29,875 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Common Shares)F2 | $3.29 | Sep 6, 2018 | M | 21,250 | D | Sep 7, 2011 | Sep 7, 2018 | Common Shares | 21,250 | 0 | I |
Explanation of responses
- F1Multiple lots for the same price for this order have been combined.
- F2Benjamin Ball is a partner of Francisco Partners Management, LLC ("Francisco Partners"), has voting and investment power over the common shares (the "Common Shares") of Mitel Networks Corporation (the "Company") held by Francisco Partners Management, LLC. Mr. Ball expressly disclaims such beneficial ownership except to the extent of any pecuniary interest therein.