Shepard Susan Engelke 4
4 · NORTEL NETWORKS CORP · Filed Jun 16, 2006
Insider Transaction Report
Form 4
Shepard Susan Engelke
(1) See Remarks
Transactions
- Award
Common Shares
2006-06-14+50,000→ 50,000 total - Award
06/14/2006 Grant of Options
2006-06-14+100,000→ 100,000 totalExercise: $2.12Exp: 2016-06-13→ Common Shares (100,000 underlying)
Holdings
- 300,000
09/07/2005 Grant of Options
Exercise: $3.18Exp: 2015-09-06→ Common Shares (300,000 underlying) - 40,000
Common Shares
Footnotes (5)
- [F1]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan that vest in three equal annual installments beginning on June 14, 2007 and are settled in Nortel Networks Corporation common shares upon vesting, net of tax withholding.
- [F2]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
- [F3]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.
- [F4]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated (the "1986 Stock Option Plan").
- [F5]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan that vest in three equal annual installments beginning on September 6, 2006 and are settled in Nortel Networks Corporation common shares upon vesting, net of tax withholding.