WILLIAMS DAVID M 4
4 · MITEL NETWORKS CORP · Filed Feb 28, 2018
Insider Transaction Report
Form 4
WILLIAMS DAVID M
Director
Transactions
- Exercise/Conversion
Common Shares
2018-02-26+14,500→ 234,500 total - Sale
Common Shares
2018-02-27$8.40/sh−6,870$57,675→ 227,630 total - Exercise/Conversion
Restricted Stock Units
2018-02-26−14,500→ 0 total→ Common Shares (14,500 underlying)
Holdings
- 2,300(indirect: By Spouse)
Common Shares
Footnotes (3)
- [F1]Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs
- [F2]2,300 Common Shares were purchased March 3, 2017 by Mr. William's wife, June Williams. Mr. Williams disclaims beneficial ownership of the Common Shares held by his wife and this report shall not be deemed an admission that Mr. Williams is a beneficial owner of such for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- [F3]Represents 14,500 Common Shares underlying 14,500 Restricted Stock Units ("RSUs") granted to Mr. Williams on May 10, 2017. These RSUs will vest on December 31, 2017.