CAREY DENNIS J 4
4 · NORTEL NETWORKS CORP · Filed Mar 2, 2009
Insider Transaction Report
Form 4
CAREY DENNIS J
(1) See Remarks
Transactions
- Other
Common Shares
2009-02-27−28,650→ 0 total - Other
Common Shares
2009-02-27−16,667→ 5,710.22 total - Other
03/21/2007 Grant of Options
2009-02-27−50,000→ 0 totalExercise: $25.82Exp: 2017-03-20→ Common Shares (50,000 underlying) - Other
06/14/2006 Grant of Options
2009-02-27−25,000→ 0 totalExercise: $21.20Exp: 2016-06-13→ Common Shares (25,000 underlying) - Other
Common Shares
2009-02-27−22,500→ 25,486 total - Other
03/03/2008 Grant of Options
2009-02-27−114,700→ 0 totalExercise: $8.31Exp: 2018-03-02→ Common Shares (114,700 underlying)
Footnotes (8)
- [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 67,500 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 25,000 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]The reported options were scheduled to vest in four equal annual installments beginning on the first anniversary of the date of grant.
- [F6]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.
- [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 31,196.