Spooner Steven Edward 4

Accession 0001127602-18-010596

CIK 0001170534other

View on SEC.gov Company Profile

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 5:26 PM ET

Size

19.2 KB

Accession

0001127602-18-010596

Insider Transaction Report

Form 4

Period: 2018-02-28

MITEL NETWORKS CORPMITL

Spooner Steven Edward

Chief Financial Officer

Transactions

Exercise/Conversion
Common Shares
2018-03-05+23,325→ 218,516 total
Exercise/Conversion
Common Shares
2018-03-05+33,750→ 252,266 total
Sale
Common Shares
2018-03-06$8.01/sh−26,762$214,326→ 225,504 total
Award
Restricted Stock Units
2018-02-28+85,575→ 85,575 total
→ Common Shares (85,575 underlying)
Award
Performance Share Units
2018-02-28+85,575→ 85,575 total
Exp: 2021-02-28→ Common Shares (85,575 underlying)
Exercise/Conversion
Restricted Stock Units
2018-03-05−23,325→ 23,325 total
→ Common Shares (23,325 underlying)
Exercise/Conversion
Restricted Stock Units
2018-03-05−33,750→ 67,500 total
Exp: 2023-03-04→ Common Shares (33,750 underlying)

Holdings

Common Shares
(indirect: Held By Registered Retirement Savings Plan For Steven Edward Spooner)
14,900
Common Shares
(indirect: By Trust)
5,100

Footnotes (8)

[F1]Represents 69,975 Common Shares underlying 69,975 RSUs granted to Mr. Spooner on March 5, 2015. These RSUs will vest as follows: (i) 23,325 of the RSUs will vest on March 5, 2017; (ii) 23,325 of the RSUs will vest on March 5, 2018; and (iii) 23,325 of the RSUs will vest on March 5, 2019.
[F2]Represents 135,000 Common Shares underlying 135,000 Restricted Stock Units ("RSUs") granted to Mr. Spooner on March 4, 2016. These RSUs will vest as follows: (i) 33,750 of the RSUs will vest on March 4, 2017; (ii) 33,750 of the RSUs will vest on March 4, 2018; (iii) 33,750 of the RSUs will vest on March 4, 2019; and (iv) 33,750 of the RSUs will vest on March 4, 2020.
[F3]Represents the automatic withholding of Common Shares to satisfy tax withholding obligations in connection with the vesting of RSUs.
[F4]5,100 common shares ("Common Shares") of Mitel Networks Corporation (the "Company") are held by the Spooner Children Trust, of which Mr. Spooner is one of three trustees, for the benefit of the children of Mr. Spooner. Mr. Spooner disclaims beneficial ownership of the Common Shares held for the benefit of his children and this report shall not be deemed an admission that Mr. Spooner is a beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
[F5]Represents 85,575 Common Shares underlying 85,575 RSUs granted on February 28, 2018. These RSUs vest in four equal installments annually starting February 28, 2019.
[F6]The late filing of this equity award is due to a clerical error.
[F7]Date exercisable for PSUs will vary for each vesting tranche based on achievement of share price performance milestones. The PSUs will expire three years from the date of grant.
[F8]Date exercisable for PSUs will vary for each vesting tranche based on achievement of share price performance milestones. The PSUs will expire three years from the date of grant.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

MITEL NETWORKS CORP

CIK 0001170534

→

Entity typeother

Related Parties

filerCIK 0001617508

Filing Metadata

Form type: 4
Filed: Mar 6, 7:00 PM ET
Accepted: Mar 7, 5:26 PM ET
Size: 19.2 KB

View on SEC.gov