4//SEC Filing
McAnuff Colin Ross 4
Accession 0000899243-18-030135
CIK 0001170534other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 8:52 PM ET
Size
15.5 KB
Accession
0000899243-18-030135
Insider Transaction Report
Form 4
McAnuff Colin Ross
See Remarks
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-11-30−500→ 0 total→ Common Shares (500 underlying) - Disposition to Issuer
Restricted Stock Units
2018-11-30−10,125→ 0 total→ Common Shares (10,125 underlying) - Disposition to Issuer
Common Shares
2018-11-30$11.15/sh−6,089$67,892→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-11-30−20,000→ 0 total→ Common Shares (20,000 underlying) - Disposition to Issuer
Restricted Stock Units
2018-11-30−10,000→ 0 total→ Common Shares (10,000 underlying)
Footnotes (7)
- [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]Represents 10,000 common shares underlying 10,000 restricted stock units (each an "RSU") granted on November 9, 2016. These RSUs would have vested annually in two equal installments starting on November 9, 2019 (each a "Non-Exercisable RSU").
- [F4]Represents 10,125 common shares underlying 10,125 RSUs granted on March 1, 2017. As of the Closing Date, all of these RSUs were Non-Exercisable RSUs and would have vested in three equal installments annually starting March 1, 2019.
- [F5]Represents 20,000 common shares underlying 20,000 RSUs granted on February 28, 2018. As of the Closing Date, all of these RSUs were Non-Exercisable RSUs and would have vested in four equal installments annually starting February 28, 2019.
- [F6]Represents 500 common shares underlying 500 RSUs granted on May 9, 2018. As of the Closing Date, all of these RSUs were Non-Exercisable RSUs and would have vested in four equal installments annually starting May 9, 2019.
- [F7]Pursuant to the Plan of Arrangement, each Non-Exercisable RSU was cancelled in exchange for the right to receive US$11.15 in cash, less any applicable withholding taxes, following the date such Non-Exercisable RSUs would have vested in accordance with their terms, subject to the Reporting Person's continued employment through such date.
Documents
Issuer
MITEL NETWORKS CORP
CIK 0001170534
Entity typeother
Related Parties
1- filerCIK 0001692724
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 8:52 PM ET
- Size
- 15.5 KB