KARR PAUL W 4

Accession 0001181431-09-012456

CIK 0000072911other

View on SEC.gov Company Profile

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 2:47 PM ET

Size

21.9 KB

Accession

0001181431-09-012456

Insider Transaction Report

Form 4

Period: 2009-02-27

NORTEL NETWORKS CORPNT

KARR PAUL W

Controller

Transactions

Other
Common Shares
2009-02-27−4,550→ 0 total
Other
06/14/2006 Grant of Options
2009-02-27−6,000→ 0 total
Exercise: $21.22Exp: 2016-06-13→ Common Shares (6,000 underlying)
Other
Common Shares
2009-02-27−4,067→ 1,111.1 total
Other
03/21/2007 Grant of Options
2009-02-27−8,800→ 0 total
Exercise: $25.82Exp: 2017-03-20→ Common Shares (8,800 underlying)
Other
09/07/2005 Grant of Options
2009-02-27−17,500→ 0 total
Exercise: $31.86Exp: 2015-09-06→ Common Shares (17,500 underlying)
Other
Common Shares
2009-02-27−1,334→ 1,393 total
Other
03/03/2008 Grant of Options
2009-02-27−18,200→ 0 total
Exercise: $8.31Exp: 2018-03-02→ Common Shares (18,200 underlying)

Holdings

Common Shares
5,037

Footnotes (13)

[F1]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan scheduled to vest in three equal annual installments beginning on March 3, 2009 and be settled in Nortel Networks Corporation common shares upon vesting, net of tax withholding.
[F10]Represents the exercise price of $8.21 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F11]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.
[F12]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.
[F13]Following the transactions reported by this Form 4, the balance of common shares for this insider is 7,541.1.
[F2]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 4,000 restricted stock units scheduled to vest in three equal annual installments beginning on June 14, 2007 and be 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 6,100 restricted stock units scheduled to vest in three equal annual installments beginning on March 21, 2008 and be settled in Nortel Networks Corporation common shares upon vesting.
[F4]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
[F5]Represents the exercise price of $29.90 Cdn. as converted into U.S dollars using the noon exchange rate of the Bank of Canada on the date of grant.
[F6]The reported options were scheduled to vest in four equal annual installments beginning on the first anniversary of the date of grant.
[F7]Represents the exercise price of $23.6 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F8]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated.
[F9]Represents the exercise price of $37.8 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.

Documents

2 files

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

→

Entity typeother

Related Parties

filerCIK 0001269198

Filing Metadata

Form type: 4
Filed: Mar 1, 7:00 PM ET
Accepted: Mar 2, 2:47 PM ET
Size: 21.9 KB

View on SEC.gov