DOOLITTLE JOHN MARSHALL 4

4 · NORTEL NETWORKS CORP · Filed Mar 2, 2009

Form 4

Period: 2009-02-27

Treasurer

Transactions

Other
08/08/2008 Grant of Options
2009-02-27−34,500→ 0 total
Exercise: $5.96Exp: 2018-08-07→ Common Shares (34,500 underlying)
Other
Common Shares
2009-02-27−8,300→ 0 total

Holdings

Footnotes (8)

[F1]These shares are held by the member of Mr. Doolittle's immediate family residing in his household. Mr. Doolittle disclaims beneficial ownership of such shares.
[F2]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan scheduled to vest in three equal annual installments beginning on August 8, 2009 and be settled in Nortel Networks Corporation common shares upon vesting, nex of tax withholding.
[F3]All unvested and vested restricted stock units were cancelled with no consideration paid to the holder pursuant to an Order of the Ontario Superior Court of Justice dated February 27, 2009.
[F4]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
[F5]The reported options were scheduled to vest in four equal annual installments beginning on the first anniversary of the date of grant.
[F6]Represents the exercise price of $6.36 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F7]All unvested and vested stock options were cancelled with no consideration paid to the holder pursuant to an Order of the Ontario Superior Court of Justice dated February 27, 2009.
[F8]Following the transactions reported by this Form 4, the balance of common shares for this insider is 1,893.

Documents

2 files