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CAREY DENNIS J 4

Accession 0000903423-07-000594

CIK 0000072911other

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 1:00 PM ET

Size

18.3 KB

Accession

0000903423-07-000594

Insider Transaction Report

Form 4
Period: 2007-06-15
CAREY DENNIS J
(1) See Remarks
Transactions
  • Sale

    Common Shares

    2007-06-15$25.35/sh9,550$242,09357,950 total
Holdings
  • 03/21/07 Grant of Options

    Exercise: $25.82Exp: 2017-03-20Common Shares (50,000 underlying)
    50,000
  • 06/14/2006 Grant of Options

    Exercise: $21.20Exp: 2016-06-13Common Shares (25,000 underlying)
    25,000
  • Common Shares

    25,000
Footnotes (5)
  • [F1]Mandatory and automatic open market sale of common shares to pay applicable withholding taxes upon the vesting of restricted stock units.
  • [F2]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 67,500 restricted stock units that vest in three equal annual installments beginning on June 14, 2007 and are settled in Nortel Networks Corporation common shares upon vesting.
  • [F3]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.
  • [F4]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
  • [F5]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

Entity typeother

Related Parties

1
  • filerCIK 0001208313

Filing Metadata

Form type
4
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 1:00 PM ET
Size
18.3 KB