4//SEC Filing
WILLIAMS DAVID M 4
Accession 0000899243-18-030140
CIK 0001170534other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 8:55 PM ET
Size
21.1 KB
Accession
0000899243-18-030140
Insider Transaction Report
Form 4
WILLIAMS DAVID M
Director
Transactions
- Disposition to Issuer
Options (Common Shares)
2018-11-30−10,000→ 0 totalExercise: $7.17From: 2017-03-04Exp: 2023-03-04→ Common Shares (10,000 underlying) - Disposition to Issuer
Restricted Stock Units
2018-11-30−14,500→ 0 totalFrom: 2018-12-31→ Common Shares (14,500 underlying) - Disposition to Issuer
Options (Common Shares)
2018-11-30−9,721→ 0 totalExercise: $10.83From: 2014-05-20Exp: 2021-05-20→ Common Shares (9,721 underlying) - Disposition to Issuer
Options (Common Shares)
2018-11-30−4,850→ 0 totalExercise: $9.96From: 2014-11-13Exp: 2021-11-13→ Common Shares (4,850 underlying) - Disposition to Issuer
Options (Common Shares)
2018-11-30−4,595→ 0 totalExercise: $9.96From: 2014-08-14Exp: 2021-08-14→ Common Shares (4,595 underlying) - Disposition to Issuer
Common Shares
2018-11-30$11.15/sh−227,630$2,538,075→ 0 total - Disposition to Issuer
Options (Common Shares)
2018-11-30−294→ 0 totalExercise: $9.70From: 2015-03-05Exp: 2022-03-05→ Common Shares (294 underlying) - Disposition to Issuer
Options (Common Shares)
2018-11-30−10,000→ 0 totalExercise: $8.94From: 2015-12-31Exp: 2022-05-14→ Common Shares (10,000 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
Issuer
MITEL NETWORKS CORP
CIK 0001170534
Entity typeother
Related Parties
1- filerCIK 0001273417
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 8:55 PM ET
- Size
- 21.1 KB