NORTEL NETWORKS CORP 4
4 · NORTEL NETWORKS CORP · Filed Mar 22, 2007
Insider Transaction Report
Form 4
CAREY DENNIS J
(1) See Remarks
Transactions
- Award
03/21/07 Grant of Options
2007-03-21+50,000→ 50,000 totalExercise: $25.82Exp: 2017-03-20→ Common Shares (50,000 underlying) - Award
Common Shares
2007-03-21+25,000→ 25,000 total
Holdings
- 25,000
06/14/2006 Grant of Options
Exercise: $21.20Exp: 2016-06-13→ Common Shares (25,000 underlying) - 67,500
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 March 21, 2008 and are settled in Nortel Networks Corporation common shares upon vesting, net of tax withholding.
- [F2]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. Reflects the 1-for-10 share consolidation effective December 1, 2006.
- [F3]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
- [F4]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.
- [F5]The number of outstanding options, underlying shares and the exercise price have been adjusted to reflect the 1-for-10 share consolidation effective December 1, 2006.