4//SEC Filing
WENDT DIETMAR MARTIN 4
Accession 0000903423-07-000311
CIK 0000072911other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 4:54 PM ET
Size
21.9 KB
Accession
0000903423-07-000311
Insider Transaction Report
Form 4
WENDT DIETMAR MARTIN
President, Global Services
Transactions
- Award
03/21/2007 Grant of Options
2007-03-21+27,100→ 27,100 totalExercise: $25.82Exp: 2017-03-20→ Common Shares (27,100 underlying) - Award
Common Shares
2007-03-21+13,500→ 13,500 total
Holdings
- 735.894
Investment Fund Units
→ Common Shares - 32,500
Common Shares
- 12,500
6/14/2006 Grant of Options
Exercise: $21.22Exp: 2016-06-13→ Common Shares (12,500 underlying)
Footnotes (8)
- [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 1-for-10 share consolidation effective December 1, 2006.
- [F3]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
- [F4]Represents the exercise price of $29.90 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
- [F5]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.
- [F6]735.8937 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") including the deduction of investment management fees and applicable taxes pursuant to the Nortel Networks Limited Investment Plan for Employees - Canada (the "Canadian Investment Plan") as of March 21, 2007. 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.
- [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.
Documents
Issuer
NORTEL NETWORKS CORP
CIK 0000072911
Entity typeother
Related Parties
1- filerCIK 0001361478
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 4:54 PM ET
- Size
- 21.9 KB