Edgar Filing: Dell Richard F

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Dell Richard F

2. Issuer Name and Ticker or Trading Symbol
INTER TEL (DELAWARE), INC [INTL]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Vice President, Sales

(Last)

(First)

(Middle)

C/O INTER-TEL (DELAWARE), INCORPORATED, 1615 SOUTH 52ND STREET

3. Date of Earliest Transaction (Month/Day/Year)
08/16/2007

(Street)

TEMPE, AZ 85281

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/16/2007		M		400	A	$ 14.5625	400	D
Common Stock	08/16/2007		M		2,700	A	$ 20	3,100	D
Common Stock	08/16/2007		M		2,250	A	$ 12.875	5,350	D
Common Stock	08/16/2007		M		1,000	A	$ 9.0313	6,350	D
Common Stock	08/16/2007		M		4,000	A	$ 9.89	10,350	D
Common Stock	08/16/2007		M		3,200	A	$ 19.16	13,550	D
Common Stock	08/16/2007		M		4,000	A	$ 13.57	17,550	D
Common Stock	08/16/2007		M		10,000	A	$ 23.41	27,550	D
Common Stock	08/16/2007		M		10,000	A	$ 19.13	37,550	D
Common Stock	08/16/2007		M		1,000	A	$ 0	38,550	D
Common Stock	08/16/2007		M		7,500	A	$ 23.44	46,050	D
Common Stock	08/16/2007		M		2,000	A	$ 0	48,050	D
Common Stock	08/16/2007		M		9,000	A	$ 23.86	57,050	D
Common Stock	08/16/2007		S		57,050	D	$ 25.6	0	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option

$ 14.5625

08/16/2007

400

04/26/2000

04/26/2009⁽¹⁾

Common Stock

400

$ 14.5625

56,650

Stock Option

$ 20

08/16/2007

2,700

04/27/2001

04/27/2010⁽¹⁾

Common Stock

2,700

$ 20

53,950

Stock Option

$ 12.875

08/16/2007

2,250

08/08/2001

08/08/2010⁽¹⁾

Common Stock

2,250

$ 12.875

51,700

Stock Option

$ 9.0313

08/16/2007

1,000

03/09/2002

03/09/2011⁽¹⁾

Common Stock

1,000

$ 9.0313

50,700

Stock Option

$ 9.89

08/16/2007

4,000

04/30/2002

04/30/2011⁽¹⁾

Common Stock

4,000

$ 9.89

46,700

Stock Option

$ 19.16

08/16/2007

3,200

04/23/2003

04/23/2012⁽¹⁾

Common Stock

3,200

$ 19.16

43,500

Stock Option

$ 13.57

08/16/2007

4,000

04/14/2004⁽²⁾

04/14/2013⁽²⁾

Common Stock

4,000

$ 13.57

39,500

Stock Option

$ 23.41

08/16/2007

10,000

05/03/2005

10/19/2014⁽¹⁾

Common Stock

10,000

$ 23.41

29,500

Stock Option

$ 19.13

08/16/2007

10,000

05/03/2006⁽²⁾

05/03/2015⁽²⁾

Common Stock

10,000

$ 19.13

19,500

Performance Share

$ 0

08/16/2007

1,000

04/27/2008⁽²⁾

04/27/2009⁽²⁾

Common Stock

1,000

$ 0

18,500

Stock Option

$ 23.44

08/16/2007

7,500

04/27/2007⁽²⁾

04/27/2016⁽²⁾

Common Stock

7,500

$ 23.44

11,000

Performance Share

$ 0

08/16/2007

2,000

04/30/2009⁽²⁾

04/30/2010⁽²⁾

Common Stock

2,000

$ 0

9,000

Stock Option

$ 23.86

08/16/2007

9,000

02/22/2008⁽²⁾

02/22/2017⁽²⁾

Common Stock

9,000

$ 23.86

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Dell Richard F C/O INTER-TEL (DELAWARE), INCORPORATED 1615 SOUTH 52ND STREET TEMPE, AZ 85281			Vice President, Sales

Signatures

Kurt R. Kneip		08/20/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The original expiration date is superceded in whole or in part by this date (08/16/07) as a result of the merger of Inter-Tel with Mitel effective on that date.
(2)	The original date exercisable and expiration date are superceded in whole or in part by this date (08/16/07) as a result of the merger of Inter-Tel with Mitel effective on that date.

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