SEC Form 4 · accession 0001127602-18-032732
MITEL NETWORKS CORP · MITL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Colin Ross McAnuff
Officer — See Remarks
Period of report
Nov 9, 2018
Accepted (ET)
Nov 13, 2018 · 9:58 am EST
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 | Nov 9, 2018 | M | 5,000 | — | A | 8,799 | D | |
| Common SharesF2 | Nov 12, 2018 | S | 2,710 | $10.992 | D | 6,089 | 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 | — | Nov 9, 2018 | M | 5,000 | D | — | — | Common Shares | 5,000 | 10,000 | D |
Explanation of responses
- F1Represents 20,000 Common Shares underlying 20,000 Restricted Stock Units ("RSUs") granted to Mr. McAnuff on November 9, 2016. These RSUs will vest as follows: (i) 5,000 of the RSUs will vest on November 9, 2017; (ii) 5,000 of the RSUs will vest on November 9, 2018; (iii) 5,000 of the RSUs will vest on November 9, 2019; and (iv) 5,000 of the RSUs will vest on November 9, 2020.
- F2Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs.