SEC Form 4 · accession 0001127602-17-028246
ShoreTel Inc · SHOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith A Jones
Officer — Principal Accounting Officer
Period of report
Sep 25, 2017
Accepted (ET)
Sep 27, 2017 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001388133
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 25, 2017 | D | 10,086 | $0.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F2 | $4.25 | Sep 25, 2017 | D | 3,469 | D | Aug 17, 2013 | Aug 17, 2022 | Common Stock | 3,469 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $5.15 | Sep 25, 2017 | D | 7,350 | D | Aug 26, 2014 | Aug 26, 2023 | Common Stock | 7,350 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $6.70 | Sep 25, 2017 | D | 7,050 | D | Aug 29, 2015 | Aug 29, 2024 | Common Stock | 7,050 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $7.44 | Sep 25, 2017 | D | 5,000 | D | Aug 31, 2016 | Aug 31, 2025 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Following the acquisition of ShoreTel, Inc. by Mitel Networks Corporation, shares of ShoreTel, Inc. common stock were subject to a tender offer of $7.50 per share.
- F2Following the acqusition of ShoreTel, Inc. by Mitel Networks Corporation, all vested and exercisable options and all vested RSUs were cancelled. The holder received the right to a cash payment equal to $7.50 per share, minus exercise price and applicable taxes.