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4//SEC Filing

NORTEL NETWORKS CORP 4

Accession 0001005477-03-002624

CIK 0000072911operating
View on SEC.govCompany Profile

Filed

Jul 29, 8:00 PM ET

Accepted

Jul 30, 7:22 PM ET

Size

17.9 KB

Accession

0001005477-03-002624

Insider Transaction Report

Form 4
Period: 2003-07-28
NORTEL NETWORKS CORPNT
JOANNOU DION CONSTANDINO
President, North America
Transactions
  • Tax Payment

    Common Shares

    2003-07-29$2.92/sh−54,675$159,651→ 96,325 total
  • Award

    Common Shares

    2003-07-28+95,325→ 96,325 total
Holdings

  • 02/28/02Grant of Options (90,000 options outstanding)

    Exercise: $5.15Exp: 2012-02-27→ Common Shares (90,000 underlying)
    90,000

  • 01/29/02Grant of Options (13,333 options outstanding)

    Exercise: $7.16Exp: 2010-01-26→ Common Shares (13,333 underlying)
    13,333

  • 01/29/98 Grant of Options (1,334 options outstanding)

    Exercise: $11.29Exp: 2008-01-28→ Common Shares (1,334 underlying)
    1,334

  • 01/29/02 Grant of Options (8,000 options outstanding)

    Exercise: $7.16Exp: 2011-01-24→ Common Shares (8,000 underlying)
    80,000

  • 01/29/02 Grant of Options (3,333 options outstanding)

    Exercise: $7.16Exp: 2010-11-28→ Common Shares (3,333 underlying)
    3,333

  • Investment Fund Units

    → Common Shares (21,774.14 underlying)
    73,107.26

  • 10/29/98 Grant of Options (10,668 options outstanding)

    Exercise: $10.15Exp: 2008-10-28→ Common Shares (10,668 underlying)
    10,668

  • 01/28/99 Grant of Options (13,334 options outstanding)

    Exercise: $15.53Exp: 2009-01-27→ Common Shares (13,334 underlying)
    13,334
Footnotes (8)
  • [F1]Common shares of Nortel Networks Corporation ("NNC") delivered to the participant pursuant to Nortel Networks Limited Restricted Stock Unit Plan as amended (the "RSU Plan") in settlement of restricted stock units. Each restricted stock unit entitled the holder to receive one NNC common share. The cash equivalent of 54,675 common shares of NNC valued at $2.92 per share was withheld by Nortel Networks Limited to meet certain tax withholding obligations.
  • [F2]73,107.26 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 July 25, 2003. The Stock Fund invests primarily in NNC common shares. As of July 25, 2003, the participant's company stock fund units represents approximately 21,774.14 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.
  • [F3]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated (the "1986 Stock Option Plan").
  • [F4]The reported options were granted pursuant to the Nortel Networks Corporation 2000 Stock Option Plan.
  • [F5]The reported options are currently vested.
  • [F6]The reported options are currently vested as to 2,222 NNC common shares and will vest as to the remaining 1,111 NNC common shares on November 29, 2003.
  • [F7]The reported options are currently vested as to 5,333 NNC common shares and will vest as to the remaining 2,667 NNC common shares on January 25, 2004.
  • [F8]The reported options are currently vested as to 30,000 NNC common shares and will vest as to 30,000 NNC common shares on February 28, 2004 and on February 28, 2005.

Documents

1 file

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

→
Entity typeoperating

Related Parties

1
  • filerCIK 0000072911

Filing Metadata

Form type
4
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 7:22 PM ET
Size
17.9 KB
View on SEC.gov