4//SEC Filing
NORTEL NETWORKS CORP 4
Accession 0000903423-07-000809
CIK 0000072911operating
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 3:52 PM ET
Size
23.8 KB
Accession
0000903423-07-000809
Insider Transaction Report
Form 4
JOANNOU DION CONSTANDINO
President, North America
Transactions
- Other
Common Shares
2007-08-15$19.38/sh−722$13,992→ 3,906 total
Holdings
- 15,961
Common Shares
- 1,333
01/28/99 Grant of Options
Exercise: $155.33Exp: 2009-01-27→ Common Shares (1,333 underlying) - 333
01/29/02 Grant of Options
Exercise: $71.60Exp: 2010-11-28→ Common Shares (333 underlying) - 9,000
02/28/02 Grant of Options
Exercise: $51.50Exp: 2012-02-27→ Common Shares (9,000 underlying) - 1,066
10/29/98 Grant of Options
Exercise: $101.48Exp: 2008-10-28→ Common Shares (1,066 underlying) - 26,247
Common Shares
- 75,000
11/22/2005 Grant of Options
Exercise: $30.70Exp: 2015-11-21→ Common Shares (75,000 underlying) - 25,000
Common Shares
- 25,000
06/14/2006 Grant of Options
Exercise: $21.20Exp: 2016-06-13→ Common Shares (25,000 underlying) - 50,000
03/21/2007 Grant of Options
Exercise: $25.82Exp: 2017-03-20→ Common Shares (50,000 underlying) - 800
01/29/02 Grant of Options
Exercise: $71.60Exp: 2011-01-24→ Common Shares (800 underlying) - 133
01/29/98 Grant of Options
Exercise: $112.90Exp: 2008-01-28→ Common Shares (133 underlying) - 1,333
01/29/02 Grant of Options
Exercise: $71.60Exp: 2010-01-26→ Common Shares (1,333 underlying) - 82,622.63
Investment Fund Units
→ Common Shares (2,445.489 underlying)
Footnotes (10)
- [F1]Common shares of Nortel Networks Corporation (NNC) surrendered by the officer for cancellation in accordance with the escrow agreement dated as of March 1, 2005 among NNC, Computershare Trust Company of Canada et al, in connection with the voluntary undertaking by the officer to pay over a three year period an amount equal to the return to profitability bonus paid to the officer in 2003, net of tax deductions at source, as set forth in a letter of undertaking dated January 10, 2005 as modified by a letter dated as of March 1, 2005.
- [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 August 15, 2007. The Stock Fund invests primarily in NNC common shares. As of August 15, 2007, the participant's company stock fund units represents approximately 2,445.4892 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.
Documents
Issuer
NORTEL NETWORKS CORP
CIK 0000072911
Entity typeoperating
Related Parties
1- filerCIK 0000072911
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 3:52 PM ET
- Size
- 23.8 KB