Home/Filings/4/0000903423-07-000595
4//SEC Filing

Drinkwater David William 4

Accession 0000903423-07-000595

CIK 0000072911other

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 1:01 PM ET

Size

23.0 KB

Accession

0000903423-07-000595

Insider Transaction Report

Form 4
Period: 2007-06-15
Transactions
  • Sale

    Common Shares

    2007-06-15$25.46/sh1,800$45,8289,700 total
Holdings
  • 12/19/2005 Grant of Options

    Exercise: $32.15Exp: 2015-12-18Common Shares (10,000 underlying)
    10,000
  • Common Shares

    (indirect: RRSP)
    100
  • Common Shares

    4
  • 03/21/2007 Grant of Options

    Exercise: $25.82Exp: 2017-03-20Common Shares (27,100 underlying)
    27,100
  • 06/14/2006 Grant of Options

    Exercise: $21.20Exp: 2016-06-13Common Shares (20,000 underlying)
    20,000
  • Common Shares

    12,004
  • Common Shares

    13,500
Footnotes (12)
  • [F1]Mandatory and automatic open market sale of common shares to pay applicable withholding taxes upon the vesting of restricted stock units.
  • [F10]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.
  • [F11]The reported options were granted pursuant to the Nortel Networks Corporation 2000 Stock Option Plan.
  • [F12]Represents the exercise price of $37.40 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
  • [F2]Represents the per share sale price of $27.19 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of sale.
  • [F3]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 11,500 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.
  • [F4]Held through BMO Nesbitt Burns as Registered Retirement Savings Plan (RRSP).
  • [F5]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 14,200 restricted stock units that vest in three equal annual installments beginning on December 19, 2006 and are settled in Nortel Networks Corporation common shares upon vesting.
  • [F6]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.
  • [F7]The reported options were granted pursuant to the Nortel Networks Corporation 2005 Stock Incentive Plan.
  • [F8]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.
  • [F9]Represents the exercise price of $23.60 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

Entity typeother

Related Parties

1
  • filerCIK 0001347387

Filing Metadata

Form type
4
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 1:01 PM ET
Size
23.0 KB