CHARBONNEAU PETER 4

Accession 0000899243-18-030128

CIK 0001170534other

View on SEC.gov Company Profile

Filed

Dec 3, 7:00 PM ET

Accepted

Dec 4, 8:48 PM ET

Size

47.3 KB

Accession

0000899243-18-030128

Insider Transaction Report

Form 4

Period: 2018-11-30

MITEL NETWORKS CORPMITL

CHARBONNEAU PETER

Director

Transactions

Disposition to Issuer
Common Shares
2018-11-30$11.15/sh−2,019$22,512→ 0 total(indirect: By Trust)
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)
2018-11-30−4,854→ 0 total
Exercise: $9.96From: 2014-11-13Exp: 2021-11-13→ Common Shares (4,854 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−4,682→ 0 total
Exercise: $10.83From: 2014-05-20Exp: 2021-05-20→ Common Shares (4,682 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,338→ 0 total
Exercise: $3.80From: 2013-07-01Exp: 2020-07-01→ Common Shares (10,338 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,819→ 0 total
Exercise: $3.06From: 2012-12-06Exp: 2019-12-06→ Common Shares (10,819 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−8,756→ 0 total
Exercise: $3.05From: 2011-12-23Exp: 2018-12-23→ Common Shares (8,756 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)
2018-11-30−1,154→ 0 total
Exercise: $9.70From: 2015-03-05Exp: 2022-03-05→ Common Shares (1,154 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−4,960→ 0 total
Exercise: $9.58From: 2013-12-12Exp: 2020-12-12→ Common Shares (4,960 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,550→ 0 total
Exercise: $4.22From: 2012-06-26Exp: 2019-06-26→ Common Shares (10,550 underlying)
Disposition to Issuer
Common Shares
2018-11-30$11.15/sh−13,927$155,286→ 0 total(indirect: By Spouse)
Disposition to Issuer
Options (Common Shares)
2018-11-30−4,682→ 0 total
Exercise: $9.96From: 2014-08-14Exp: 2021-08-14→ Common Shares (4,682 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−4,778→ 0 total
Exercise: $8.79From: 2014-02-05Exp: 2021-02-05→ Common Shares (4,778 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−6,782→ 0 total
Exercise: $4.64From: 2013-09-05Exp: 2020-09-05→ Common Shares (6,782 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,338→ 0 total
Exercise: $3.94From: 2013-03-07Exp: 2020-03-07→ Common Shares (10,338 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−10,544→ 0 total
Exercise: $2.61From: 2012-09-06Exp: 2019-09-06→ Common Shares (10,544 underlying)
Disposition to Issuer
Options (Common Shares)
2018-11-30−8,756→ 0 total
Exercise: $3.44From: 2012-03-07Exp: 2019-03-07→ Common Shares (8,756 underlying)
Disposition to Issuer
Common Shares
2018-11-30$11.15/sh−55,301$616,606→ 0 total
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)

Footnotes (6)

[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]Mr. Charbonneau disclaims beneficial ownership of the common shares held by his spouse and this report shall not be deemed an admission that Mr. Charbonneau is a beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
[F4]These common shares are held by the Peter Charbonneau Trust #2, of which Mr. Charbonneau is the sole trustee. Mr. Charbonneau disclaims beneficial ownership of the common shares held by the Peter Charbonneau Trust #2, except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that Mr. Charbonneau is a beneficial owner of such shares for purposes of Section 16 of the Exchange Act or for any other purpose.
[F5]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.
[F6]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 0001479524

Filing Metadata

Form type: 4
Filed: Dec 3, 7:00 PM ET
Accepted: Dec 4, 8:48 PM ET
Size: 47.3 KB

View on SEC.gov