4//SEC Filing
NORTEL NETWORKS CORP 4
Accession 0000903423-07-000943
CIK 0000072911operating
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 12:19 PM ET
Size
27.1 KB
Accession
0000903423-07-000943
Insider Transaction Report
Form 4
Lowe Richard Stephen
(1) See Remarks
Transactions
- Sale
Common Shares
2007-10-01$17.22/sh−3,598$61,958→ 22,660 total
Holdings
- 15,961
Common Shares
- 2,666
01/29/02 Grant of Options
Exercise: $71.60Exp: 2009-11-29→ Common Shares (2,666 underlying) - 15,000
02/28/02 Grant of Options
Exercise: $51.50Exp: 2012-02-27→ Common Shares (15,000 underlying) - 4,000
01/29/02 Grant of Options
Exercise: $71.60Exp: 2010-09-27→ Common Shares (4,000 underlying) - 1,600
07/31/98 Grant of Options
Exercise: $146.10Exp: 2008-07-30→ Common Shares (1,600 underlying) - 19,200
Common Shares
- 25,000
6/14/2006 Grant of Options
Exercise: $21.20Exp: 2016-06-13→ Common Shares (25,000 underlying) - 26,907.643
Investment Fund Units
→ Common Shares (798.075 underlying) - 2,800
01/29/98 Grant of Options
Exercise: $112.90Exp: 2008-01-28→ Common Shares (2,800 underlying) - 75,000
09/07/2005 Grant of Options
Exercise: $31.80Exp: 2015-09-06→ Common Shares (75,000 underlying) - 1,333
01/29/02 Grant of Options
Exercise: $71.60Exp: 2010-06-28→ Common Shares (1,333 underlying) - 16,888
Common Shares
- 38,400
3/21/2007 Grant of Options
Exercise: $25.82Exp: 2017-03-20→ Common Shares (38,400 underlying) - 3,200
10/29/98 Grant of Options
Exercise: $101.48Exp: 2008-10-28→ Common Shares (3,200 underlying) - 1,600
01/28/99 Grant of Options
Exercise: $155.33Exp: 2009-01-27→ Common Shares (1,600 underlying)
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 September 28, 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]26,907.6429 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 "Stock Fund") pursuant to the Nortel Networks Long-Term Investment Plan (the "U.S. Investment Plan"), as of October 1, 2007. The Stock Fund invests primarily in common shares of Nortel Networks Corporation ("NNC"). As at October 1, 2007, the participant's company stock fund units represent approximately 798.0754 NNC common shares. The U.S. Investment Plan is administered as a unitized fund by Hewitt Associates LLC 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.
- [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
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 12:19 PM ET
- Size
- 27.1 KB