FORTIER L YVES 4

Accession 0000903423-05-000005

CIK 0000072911other

View on SEC.gov Company Profile

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 5:30 PM ET

Size

17.5 KB

Accession

0000903423-05-000005

Insider Transaction Report

Form 4

Period: 2004-12-31

NORTEL NETWORKS CORPNT

FORTIER L YVES

Director

Transactions

Award
Share Units
2004-12-31$3.49/sh+3,642.356$12,712→ 106,780.386 total
→ Common Shares (3,642.356 underlying)

Holdings

Common Shares
(indirect: By Trust)
7,114.646
05/24/01 Grant of options
Exercise: $14.95Exp: 2011-05-23→ Common Shares (4,000 underlying)
4,000
Common Shares
(indirect: By Spouse)
5,000
Common Shares
7,470
06/09/00 Grant of options
Exercise: $59.41Exp: 2010-06-08→ Common Shares (4,000 underlying)
4,000
Share Units
→ Common Shares
26,109.183

Footnotes (9)

[F1]Acquired pursuant to the Nortel Networks Corporation Shareholder Dividend Reinvestment and Stock Purchase Plan, as amended.
[F2]These shares are held by a member of Mr. Fortier's immediate family residing in his household. Mr. Fortier disclaims beneficial ownership of such shares.
[F3]Share units issued under the Nortel Networks Corporation Directors' Deferred Share Compensation Plan (the "NNCDDSCP"). Pursuant to the NNCDDSCP, certain fees payable to Nortel Networks Corporation ("NNC") directors are paid in the form of NNC share units, based upon the market price of NNC common shares at the time such NNC share units are credited to the director's account under the NNCDDSCP. On the earliest date when a director ceases to be both (i) a member of the board of directors of NNC and (ii) employed by NNC or its subsidiaries, NNC will cause to be purchased on the open market, for delivery to the director, a number of NNC common shares equal to the number of NNC share units credited to the director's account under the NNCDDSCP.
[F4]Represents the price of the share unit of $4.21 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the transaction date.
[F5]Share units issued under the Nortel Networks Limited Directors' Deferred Share Compensation Plan (the "NNLDDSCP"). Pursuant to the NNLDDSCP, certain fees payable to Nortel Networks Limited ("NNL") directors are paid in the form of NNL share units, based upon the market price of NNC common shares at the time such NNL share units are credited to the director's account under the NNLDDSCP. On the earliest date when a director ceases to be both (i) a member of the board of directors of NNL and (ii) employed by NNL or its subsidiaries, NNL will cause to be purchased on the open market, for delivery to the director, a number of NNC common shares equal to the number of NNL share units credited to the director's account under the NNLDDSCP.
[F6]The reported options were granted pursuant to the Nortel Networks Corporation 2000 Stock Option Plan.
[F7]Represents the exercise price of $87.71 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F8]The reported options are currently vested.
[F9]Represents the exercise price of $23.13 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.

Documents

2 files

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

→

Entity typeother

Related Parties

filerCIK 0001242849

Filing Metadata

Form type: 4
Filed: Jan 3, 7:00 PM ET
Accepted: Jan 4, 5:30 PM ET
Size: 17.5 KB

View on SEC.gov