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4//SEC Filing

JOANNOU DION CONSTANDINO 4

Accession 0000903423-07-000607

CIK 0000072911other

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 4:18 PM ET

Size

32.2 KB

Accession

0000903423-07-000607

Insider Transaction Report

Form 4
Period: 2007-06-15
JOANNOU DION CONSTANDINO
President, North America
Transactions
  • Sale

    Common Shares

    2007-06-15$25.50/sh1,539$39,24515,961 total
Holdings
  • Common Shares

    4,628
  • 01/29/02 Grant of Options

    Exercise: $71.60Exp: 2010-01-26Common Shares (1,333 underlying)
    1,333
  • 01/28/99 Grant of Options

    Exercise: $155.33Exp: 2009-01-27Common Shares (1,333 underlying)
    1,333
  • 11/22/2005 Grant of Options

    Exercise: $30.70Exp: 2015-11-21Common Shares (75,000 underlying)
    75,000
  • Common Shares

    26,247
  • 03/21/2007 Grant of Options

    Exercise: $25.82Exp: 2017-03-20Common Shares (50,000 underlying)
    50,000
  • 10/29/98 Grant of Options

    Exercise: $101.48Exp: 2008-10-28Common Shares (1,066 underlying)
    1,066
  • 01/29/02 Grant of Options

    Exercise: $71.60Exp: 2011-01-24Common Shares (800 underlying)
    800
  • Common Shares

    25,000
  • 06/14/2006 Grant of Options

    Exercise: $21.20Exp: 2016-06-13Common Shares (25,000 underlying)
    25,000
  • 01/29/98 Grant of Options

    Exercise: $112.90Exp: 2008-01-28Common Shares (133 underlying)
    133
  • Investment Fund Units

    Common Shares (2,434.05 underlying)
    82,622.63
  • 02/28/02 Grant of Options

    Exercise: $51.50Exp: 2012-02-27Common Shares (9,000 underlying)
    9,000
  • 01/29/02 Grant of Options

    Exercise: $71.60Exp: 2010-11-28Common Shares (333 underlying)
    333
Footnotes (10)
  • [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 2000 Stock Option Plan.
  • [F2]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 17,500 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 as part of a grant of 30,000 restricted stock units that vest in three equal annual installments beginning on November 22, 2006 and are settled in Nortel Networks Corporation common shares upon vesting.
  • [F4]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.
  • [F5]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
  • [F6]The reported options vest in four equal annual installments beginning on the first anniversary of the date of grant.
  • [F7]82,622.63 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 "U.S. Stock Fund") pursuant to the Nortel Networks Long-Term Investment Plan (the "U.S. Investment Plan") as of June 15, 2007. The Stock Fund invests primarily in NNC common shares. As of June 15, 2007, the participant's company stock fund units represents approximately 2,434.0502 common shares of NNC. The U.S. Investment Plan is administered as a unitized fund by Hewitt Associates Inc. and the number of shares represented by each unit fluctuates on a daily basis.
  • [F8]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated (the "1986 Stock Option Plan").
  • [F9]The reported options are currently vested.

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

Entity typeother

Related Parties

1
  • filerCIK 0001234081

Filing Metadata

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