McHugh John P 4

Accession 0000899243-18-030116

CIK 0001170534other

View on SEC.gov Company Profile

Filed

Dec 3, 7:00 PM ET

Accepted

Dec 4, 8:41 PM ET

Size

55.9 KB

Accession

0000899243-18-030116

Insider Transaction Report

Form 4

Period: 2018-11-30

MITEL NETWORKS CORPMITL

McHugh John P

Director

Transactions

Disposition to Issuer
Common Shares
2018-11-30$11.15/sh−89,607$999,118→ 0 total
Disposition to Issuer
Options (Common Shares)
2018-11-30−11,008→ 0 total
Exercise: $4.22From: 2012-06-26Exp: 2019-06-26→ Common Shares (11,008 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−11,713→ 0 total
Exercise: $3.06From: 2012-12-06Exp: 2019-12-06→ Common Shares (11,713 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,475→ 0 total
Exercise: $3.80From: 2013-07-01Exp: 2020-07-01→ Common Shares (10,475 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−6,356→ 0 total
Exercise: $9.58From: 2013-12-12Exp: 2020-12-12→ Common Shares (6,356 underlying)
Disposition to Issuer
Restricted Stock Units
2018-11-30−14,500→ 0 total
From: 2018-12-31→ Common Shares (14,500 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−2,364→ 0 total
Exercise: $8.75From: 2015-11-11Exp: 2022-11-11→ Common Shares (2,364 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,000→ 0 total
Exercise: $7.17From: 2017-03-04Exp: 2023-03-04→ Common Shares (10,000 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−3,114→ 0 total
Exercise: $6.74From: 2016-05-26Exp: 2023-05-26→ Common Shares (3,114 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−3,541→ 0 total
Exercise: $6.62From: 2017-03-01Exp: 2024-03-01→ Common Shares (3,541 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−12,675→ 0 total
Exercise: $2.61From: 2012-09-06Exp: 2019-09-06→ Common Shares (12,675 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,000→ 0 total
Exercise: $8.94From: 2015-12-31Exp: 2022-05-14→ Common Shares (10,000 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−2,897→ 0 total
Exercise: $7.17From: 2016-03-04Exp: 2023-03-04→ Common Shares (2,897 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−3,565→ 0 total
Exercise: $6.62From: 2016-11-09Exp: 2023-11-09→ Common Shares (3,565 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,475→ 0 total
Exercise: $3.94From: 2013-03-07Exp: 2020-03-07→ Common Shares (10,475 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−9,213→ 0 total
Exercise: $4.64From: 2013-09-05Exp: 2020-09-05→ Common Shares (9,213 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−6,071→ 0 total
Exercise: $8.79From: 2014-02-05Exp: 2021-02-05→ Common Shares (6,071 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−6,215→ 0 total
Exercise: $10.83From: 2014-05-20Exp: 2021-05-20→ Common Shares (6,215 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−6,215→ 0 total
Exercise: $9.96From: 2014-08-14Exp: 2021-08-14→ Common Shares (6,215 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−6,508→ 0 total
Exercise: $9.96From: 2014-11-13Exp: 2021-11-13→ Common Shares (6,508 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−1,964→ 0 total
Exercise: $9.70From: 2015-03-05Exp: 2022-03-05→ Common Shares (1,964 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−2,316→ 0 total
Exercise: $8.94From: 2015-05-14Exp: 2022-05-14→ Common Shares (2,316 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−2,493→ 0 total
Exercise: $8.30From: 2015-08-12Exp: 2022-08-12→ Common Shares (2,493 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−2,592→ 0 total
Exercise: $8.12From: 2016-08-10Exp: 2023-08-10→ Common Shares (2,592 underlying)

Footnotes (4)

[F1]On November 30, 2018 (the "Closing Date"), MLN AcquisitionCo ULC (the "Purchaser") acquired all of the outstanding common shares of Mitel Networks Corporation (the "Issuer") under a plan of arrangement under the Canada Business Corporations Act (the "Plan of Arrangement"), and Issuer became a wholly owned subsidiary of the Purchaser, an entity currently owned and controlled by funds affiliated with Searchlight Capital Partners, L.P., a private equity investment group.
[F2]Pursuant to the Plan of Arrangement, each common share was transferred to the Purchaser in exchange for the right to receive US$11.15 in cash, without interest and less any applicable withholding taxes.
[F3]Pursuant to the Plan of Arrangement, options to purchase common shares (the "Options") were accelerated and all Options were cancelled in exchange for the right to receive an amount equal to the excess, if any, of US$11.15 over the exercise price of such option, less any applicable withholding taxes.
[F4]Represents 14,500 common shares underlying 14,500 restricted stock units. Pursuant to the Plan of Arrangement, each restricted share unit was cancelled in exchange for the right to receive US$11.15 in cash, less any applicable withholding taxes.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

MITEL NETWORKS CORP

CIK 0001170534

→

Entity typeother

Related Parties

filerCIK 0001650752

Filing Metadata

Form type: 4
Filed: Dec 3, 7:00 PM ET
Accepted: Dec 4, 8:41 PM ET
Size: 55.9 KB

View on SEC.gov