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4//SEC Filing

BINNING PAVITER SINGH 4

Accession 0001181431-09-012492

CIK 0000072911other

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 4:05 PM ET

Size

14.2 KB

Accession

0001181431-09-012492

Insider Transaction Report

Form 4
Period: 2009-02-27
BINNING PAVITER SINGH
(1) See Remarks
Transactions
  • Other

    Common Shares

    2009-02-2764,8008,668 total
  • Other

    Common Shares

    2009-02-2729,9500 total
  • Other

    03/03/2008 Grant of Options

    2009-02-27119,9000 total
    Exercise: $8.31Exp: 2018-03-02Common Shares (119,900 underlying)
Holdings
  • Common Shares

    (indirect: By Trust)
    5,126.702
  • Common Shares

    30,000
Footnotes (9)
  • [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.
  • [F2]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 81,000 restricted stock units scheduled to vest in five equal annual installments beginning on November 15, 2008 and be settled in Nortel Networks Corporation common shares upon vesting.
  • [F3]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
  • [F4]The reported options scheduled to vest in four equal annual installments beginning on the first anniversary of the date of grant.
  • [F5]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.
  • [F6]The number of NNC common shares held for the participant's account pursuant to the Nortel Stock Purchase Plans (Post-June 29, 2005) as of February 27, 2009.
  • [F7]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.
  • [F8]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.
  • [F9]Following the transactions reported by this Form 4, the balance of common shares for this insider is 38,668.

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

Entity typeother

Related Parties

1
  • filerCIK 0001417377

Filing Metadata

Form type
4
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:05 PM ET
Size
14.2 KB