Lowe Richard Stephen 4

Accession 0000903423-06-000685

CIK 0000072911other

View on SEC.gov Company Profile

Filed

Jun 15, 8:00 PM ET

Accepted

Jun 16, 5:39 PM ET

Size

27.1 KB

Accession

0000903423-06-000685

Insider Transaction Report

Form 4

Period: 2006-06-14

NORTEL NETWORKS CORPNT

Lowe Richard Stephen

(1) See Remarks

Transactions

Award
6/14/2006 Grant of Options
2006-06-14+250,000→ 250,000 total
Exercise: $2.12Exp: 2016-06-13→ Common Shares (250,000 underlying)
Award
Common Shares
2006-06-14+175,000→ 175,000 total

Holdings

01/28/99 Grant of Options
Exercise: $15.53Exp: 2009-01-27→ Common Shares (16,000 underlying)
16,000
Investment Fund Units
→ Common Shares (8,006.839 underlying)
26,907.643
10/29/98 Grant of Options
Exercise: $10.15Exp: 2008-10-28→ Common Shares (32,000 underlying)
32,000
01/29/98 Grant of Options
Exercise: $11.29Exp: 2008-01-28→ Common Shares (28,000 underlying)
28,000
02/28/02 Grant of Options
Exercise: $5.15Exp: 2012-02-27→ Common Shares (150,000 underlying)
150,000
01/30/97 Grant of Options
Exercise: $8.85Exp: 2007-01-29→ Common Shares (32,800 underlying)
32,800
Common Shares
168,887
01/29/02 Grant of Options
Exercise: $7.16Exp: 2010-09-27→ Common Shares (40,000 underlying)
40,000
Common Shares
300,000
07/31/98 Grant of Options
Exercise: $14.61Exp: 2008-07-30→ Common Shares (16,000 underlying)
16,000
01/29/02 Grant of Options
Exercise: $7.16Exp: 2009-11-29→ Common Shares (26,666 underlying)
26,666
01/29/02 Grant of Options
Exercise: $7.16Exp: 2010-06-28→ Common Shares (13,333 underlying)
13,333
09/07/2005 Grant of Options
Exercise: $3.18Exp: 2015-09-06→ Common Shares (750,000 underlying)
750,000

Footnotes (9)

[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]26,907.6429 company stock fund units are held in the participant's account as a result of the participant's contributions, vested company contributions and/or investment earnings thereon invested in the company stock fund (the "Stock Fund") pursuant to the Nortel Networks Long-Term Investment Plan (the "U.S. Investment Plan"), as of June 14, 2006. The Stock Fund invests primarily in common shares of Nortel Networks Corporation ("NNC"). As at June 14, 2006, the participant's company stock fund units represent approximately 8,006.8387 NNC common shares. The U.S. Investment Plan is administered as a unitized fund by Hewitt Associates LLC and the number of shares represented by each unit fluctuates on a daily basis.
[F5]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated (the "1986 Stock Option Plan").
[F6]Represents the exercise price of $11.9313 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F7]The reported options are currently vested.
[F8]The reported options were granted pursuant to the Nortel Networks Corporation 2000 Stock Option Plan.
[F9]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan that vest in three equal annual installments beginning on September 28, 2006 and are settled in Nortel Networks Corporation common shares upon vesting, net of tax withholding.

Documents

1 file

4
lowe-f4_0615ex.xmlPrimary

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

→

Entity typeother

Related Parties

filerCIK 0001304128

Filing Metadata

Form type: 4
Filed: Jun 15, 8:00 PM ET
Accepted: Jun 16, 5:39 PM ET
Size: 27.1 KB

View on SEC.gov