Filing Details

Accession Number:
0001140361-17-035937
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-19 18:50:56
Reporting Period:
2017-09-15
Accepted Time:
2017-09-19 18:50:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1170534 Mitel Networks Corp MITL () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
904495 Elliott Associates, L.p. 40 West 57Th Street, 30Th Floor
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares, No Par Value Disposition 2017-09-15 150,000 $8.25 4,088,474 No 4 S Indirect See footnotes
Common Shares, No Par Value Disposition 2017-09-15 800 $8.30 4,087,674 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares, No Par Value Notional Principal Amount Derivative Agreements $0.00 0 1,254,712 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
0 1,254,712 Indirect
Footnotes
  1. This Form 4 is filed by Elliott Associates, L.P. (the "Reporting Person"). The Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
  2. Includes Common Stock received in a distribution exempt under Rule 16a-9.
  3. Securities owned by The Liverpool Limited Partnership, a Bermuda limited partnership and a wholly-owned subsidiary of the Reporting Person ("Liverpool").
  4. Notional principal amount derivative agreements (the "Derivative Agreements") in the form of cash settled swaps expiring January 2, 2018, entered into by the Reporting Person through Liverpool, at initial execution prices ranging from $6.1362 to $7.2235. The Derivative Agreements provide Liverpool with economic results that are comparable to the economic results of ownership but do not provide it with the power to vote or direct the voting or dispose of or direct the disposition of the shares that are referenced in the Derivative Agreements (such shares, the "Subject Shares"). The Reporting Person disclaims beneficial ownership in the Subject Shares. The counterparties to the Derivative Agreements are unaffiliated third party financial institutions.