4//SEC Filing
NORTEL NETWORKS CORP 4
Accession 0000903423-06-000824
CIK 0000072911operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 5:06 PM ET
Size
9.6 KB
Accession
0000903423-06-000824
Insider Transaction Report
Form 4
Manley John Paul
Director
Transactions
- Award
Share Units
2006-06-30$2.27/sh+685.902$1,557→ 2,184.104 total→ Common Shares (685.902 underlying) - Award
Share Units
2006-06-30$2.27/sh+17,421.874$39,548→ 55,476.213 total→ Common Shares (17,421.874 underlying)
Footnotes (3)
- [F1]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.
- [F2]Represents the price of the share unit of $2.54 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the transaction date.
- [F3]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.
Documents
Issuer
NORTEL NETWORKS CORP
CIK 0000072911
Entity typeoperating
Related Parties
1- filerCIK 0000072911
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 5:06 PM ET
- Size
- 9.6 KB