4//SEC Filing
NORTEL NETWORKS CORP 4
Accession 0000903423-06-000701
CIK 0000072911operating
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 7:14 PM ET
Size
23.9 KB
Accession
0000903423-06-000701
Insider Transaction Report
Form 4
MacKinnon Pierre David
(1) See Remarks
Transactions
- Purchase
Common Shares
2006-06-14$2.11/sh+11,500$24,265→ 98,591 total
Holdings
- 20,000
01/29/98 Grant of Options
Exercise: $11.29Exp: 2008-01-28→ Common Shares (20,000 underlying) - 40,000
01/29/02 Grant of Options
Exercise: $7.16Exp: 2010-03-09→ Common Shares (40,000 underlying) - 10,400
01/30/97 Grant of Options
Exercise: $8.85Exp: 2007-01-29→ Common Shares (10,400 underlying) - 28,000
01/28/99 Grant of Options
Exercise: $15.53Exp: 2009-01-27→ Common Shares (28,000 underlying) - 80,000
02/28/02 Grant of Options
Exercise: $5.15Exp: 2012-02-27→ Common Shares (80,000 underlying) - 73,985.658
Investment Fund Units
→ Common Shares (22,015.724 underlying) - 6,031.28
Investment Fund Units
→ Common Shares - 75,000
Common Shares
- 150,000
Common Shares
- 125,000
06/14/2006 Grant of Options
Exercise: $2.12Exp: 2016-06-13→ Common Shares (125,000 underlying) - 26,666
01/29/02 Grant of Options
Exercise: $7.16Exp: 2010-01-26→ Common Shares (26,666 underlying) - 625,000
09/07/2005 Grant of Options
Exercise: $3.18Exp: 2015-09-06→ Common Shares (625,000 underlying)
Footnotes (12)
- [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.
- [F10]Represents the exercise price of $23.7000 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
- [F11]The reported options were granted pursuant to the Nortel Networks Corporation 2000 Stock Option Plan.
- [F12]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.
- [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]73,985.6584 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 "U.S. Stock Fund") pursuant to the Nortel Networks Long-Term Investment Plan (the "U.S. Investment Plan"), as of June 14, 2006. The U.S. 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 22,015.7239 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]6031.2800 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 "Canadian Stock Fund") pursuant to the Nortel Networks Limited Investment Plan for Employees - Canada (the "Canadian Investment Plan") as of June 14, 2006. Each company stock fund unit represents one Nortel Networks Corporation ("NNC") common share and the price of each stock fund unit equals the closing price of one share of NNC common stock on the Toronto Stock Exchange on the applicable date. The Canadian Investment Plan is administered by Sun Life Assurance Company of Canada.
- [F6]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated (the "1986 Stock Option Plan").
- [F7]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.
- [F8]The reported options are currently vested.
- [F9]Represents the exercise price of $16.5250 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
Documents
Issuer
NORTEL NETWORKS CORP
CIK 0000072911
Entity typeoperating
Related Parties
1- filerCIK 0000072911
Filing Metadata
- Form type
- 4
- Filed
- Jun 18, 8:00 PM ET
- Accepted
- Jun 19, 7:14 PM ET
- Size
- 23.9 KB