0001127602-17-028254.txt : 20170927 0001127602-17-028254.hdr.sgml : 20170927 20170927172752 ACCESSION NUMBER: 0001127602-17-028254 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170925 FILED AS OF DATE: 20170927 DATE AS OF CHANGE: 20170927 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Petts David CENTRAL INDEX KEY: 0001554128 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33506 FILM NUMBER: 171105042 MAIL ADDRESS: STREET 1: C/O SHORETEL, INC. STREET 2: 960 STEWART DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94085 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ShoreTel Inc CENTRAL INDEX KEY: 0001388133 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 770443568 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 960 STEWART DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94085 BUSINESS PHONE: 408 331 3300 MAIL ADDRESS: STREET 1: 960 STEWART DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94085 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2017-09-25 1 0001388133 ShoreTel Inc SHOR 0001554128 Petts David 960 STEWART DRIVE SUNNYVALE CA 94085 1 SVP Worldwide Sales Common Stock 2017-09-25 4 D 0 74993 0 D 0 D Non-qualified Stock Option (Right to Buy) 4.31 2017-09-25 4 D 0 250000 0 D 2013-07-09 2022-07-09 Common Stock 250000 0 D Non-qualified Stock Option (Right to Buy) 4.44 2017-09-25 4 D 0 50000 0 D 2014-08-15 2023-08-15 Common Stock 50000 0 D Non-qualified Stock Option (Right to Buy) 6.61 2017-09-25 4 D 0 90000 0 D 2015-08-15 2024-08-15 Common Stock 90000 0 D Non-qualified Stock Option (Right to Buy) 7.35 2017-09-25 4 D 0 85000 0 D 2016-08-21 2025-08-21 Common Stock 85000 0 D Restricted Stock Unit 0 2017-09-25 4 D 0 6250 0 D 2015-08-15 2024-08-15 Common Stock 6250 0 D Restricted Stock Unit 0 2017-09-25 4 D 0 12500 0 D 2016-08-21 2025-08-21 Common Stock 12500 0 D Restricted Stock Unit 0 2017-09-25 4 D 0 37500 0 D 2017-08-18 2026-08-18 Common Stock 37500 0 D Following the acquisition of ShoreTel, Inc. by Mitel Networks Corporation, shares of ShoreTel, Inc. common stock were subject to a tender offer of $7.50 per share. Following the acqusition of ShoreTel, Inc. by Mitel Networks Corporation, all vested and exercisable options and all vested RSUs were cancelled. The holder received the right to a cash payment equal to $7.50 per share, minus exercise price and applicable taxes. Originally scheduled to vest at the rate of 25% on the first anniversary date of the grant and 1/48th per month thereafter. Vesting was accelerated pursuant to the ShoreTel, Inc. 2007 and/or 2015 Equity Incentive Plan, a Retention or Employment Agreement and the Agreement and Plan of Merger by and among Mitel HS Holdings, Inc., Shelby Acquisition Corporation, ShoreTel, In. and Mitel Networks Corporation dated as of July 26, 2017. Originally scheduled to vest at the rate of 25% a year over 4 years, on the anniversary date of the grant. Vesting was accelerated pursuant to the ShoreTel, Inc. 2007 and/or 2015 Equity Incentive Plan, a Retention or Employment Agreement and the Agreement and Plan of Merger by and among Mitel HS Holdings, Inc., Shelby Acquisition Corporation, ShoreTel, In. and Mitel Networks Corporation dated as of July 26, 2017. /s/ Allen Seto, attorney-in-fact for Mr. Petts 2017-09-27