4//SEC Filing
KARR PAUL W 4
Accession 0000903423-07-000599
CIK 0000072911other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 1:02 PM ET
Size
21.4 KB
Accession
0000903423-07-000599
Insider Transaction Report
Form 4
KARR PAUL W
Controller
Transactions
- Sale
Common Shares
2007-06-15$25.33/sh−622$15,755→ 3,378 total
Holdings
- 17,500
09/07/2005 Grant of Options
Exercise: $31.86Exp: 2015-09-06→ Common Shares (17,500 underlying) - 6,100
Common Shares
- 6,000
06/14/2006 Grant of Options
Exercise: $21.22Exp: 2016-06-13→ Common Shares (6,000 underlying) - 8,430
Common Shares
- 8,800
03/21/2007 Grant of Options
Exercise: $25.82Exp: 2017-03-20→ Common Shares (8,800 underlying)
Footnotes (11)
- [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 were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated (the "1986 Stock Option Plan").
- [F11]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]Represents the per share sale price of $27.05 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 4,000 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]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.
- [F5]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.
- [F6]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
- [F7]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.
- [F8]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.
- [F9]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 0001269198
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 1:02 PM ET
- Size
- 21.4 KB