NORTEL NETWORKS CORP 4

Accession 0000903423-07-000307

CIK 0000072911operating

View on SEC.gov Company Profile

Filed

Mar 21, 8:00 PM ET

Accepted

Mar 22, 4:30 PM ET

Size

22.9 KB

Accession

0000903423-07-000307

Insider Transaction Report

Form 4

Period: 2007-03-21

NORTEL NETWORKS CORPNT

KARR PAUL W

Controller

Transactions

Award
Common Shares
2007-03-12+6,100→ 6,100 total
Award
03/21/2007 Grant of Options
2007-03-21+8,800→ 8,800 total
Exercise: $25.82Exp: 2017-03-20→ Common Shares (8,800 underlying)

Holdings

06/14/2006 Grant of Options
Exercise: $21.22Exp: 2016-06-13→ Common Shares (6,000 underlying)
6,000
Common Shares
8,430
09/07/2005 Grant of Options
Exercise: $31.86Exp: 2015-09-06→ Common Shares (17,500 underlying)
17,500
Common Shares
4,000

Footnotes (10)

[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.
[F10]Represents the exercise price of $37.8 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[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]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 10,000 restricted stock units that vest in three equal annual installments beginning on September 7, 2006 and are settled in Nortel Networks Corporation common shares upon vesting. Reflects the 1-for-10 share consolidation effective December 1, 2006.
[F4]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
[F5]Represents the exercise price of $29.90 Cdn. as converted into U.S dollars using the noon exchange rate of the Bank of Canada on the date of grant.
[F6]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.
[F7]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.
[F8]Represents the exercise price of $23.6 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F9]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated (the "1986 Stock Option Plan"). 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.

Documents

2 files

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

→

Entity typeoperating

Related Parties

filerCIK 0000072911

Filing Metadata

Form type: 4
Filed: Mar 21, 8:00 PM ET
Accepted: Mar 22, 4:30 PM ET
Size: 22.9 KB

View on SEC.gov