DAVIES GORDON ALLAN 4

Accession 0000903423-07-000606

CIK 0000072911other

View on SEC.gov Company Profile

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 4:17 PM ET

Size

28.2 KB

Accession

0000903423-07-000606

Insider Transaction Report

Form 4

Period: 2007-06-15

NORTEL NETWORKS CORPNT

DAVIES GORDON ALLAN

(1) See Remarks

Transactions

Sale
Common Stock
2007-06-15$25.32/sh−630$15,952→ 3,370 total

Holdings

9/23/99 Grant of Options
Exercise: $239.71Exp: 2009-09-22→ Common Shares (1,600 underlying)
1,600
1/29/02 Grant of Options
Exercise: $71.62Exp: 2010-01-26→ Common Shares (1,600 underlying)
1,600
Common Stock
(indirect: By Trust)
26.04
2/05/04 Grant of Options
Exercise: $76.66Exp: 2014-02-04→ Common Shares (7,000 underlying)
7,000
Common Stock
704
Investment Fund Units
→ Common Shares
1,908.321
4/29/99 Grant of Options
Exercise: $174.30Exp: 2009-04-28→ Common Shares (480 underlying)
480
Common Stock
2,666
1/29/98 Grant of Options
Exercise: $112.88Exp: 2008-01-28→ Common Shares (720 underlying)
720
6/14/06 Grant of Options
Exercise: $21.22Exp: 2016-06-13→ Common Shares (6,000 underlying)
6,000
Common Stock
6,100
2/28/02 Grant of Options
Exercise: $51.54Exp: 2012-02-27→ Common Shares (4,000 underlying)
4,000
9/07/05 Grant of Options
Exercise: $31.86Exp: 2015-09-06→ Common Shares (15,500 underlying)
15,500
3/21/07 Grant of Options
Exercise: $25.82Exp: 2017-03-20→ Common Shares (8,800 underlying)
8,800
1/29/02 Grant of Options
Exercise: $71.62Exp: 2011-01-24→ Common Shares (1,466 underlying)
1,466
2/07/03 Grant of Options
Exercise: $23.47Exp: 2013-02-06→ Common Shares (11,500 underlying)
11,500

Footnotes (22)

[F1]The number of Nortel Networks Corporation ("NNC") common shares held for the participant's account pursuant to the Nortel Networks Stock Purchase Plan as of June 15, 2007.
[F10]Represents the exercise price of $165.25 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F11]Represents the exercise price of $255.65 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F12]Represents the exercise price of $353.65 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F13]Represents the exercise price of $113.9 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F14]The reported options were granted pursuant to the Nortel Networks Corporation 2000 Stock Option Plan.
[F15]Represents the exercise price of $82.7 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F16]Represents the exercise price of $35.7 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F17]Represents the exercise price of $102.1 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F18]The reported options vest in four equal annual installments begnning on the first anniversary of the date of grant.
[F19]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.
[F2]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 4,000 restricted stock units that vest in three equal annual installments beginning on September 7, 2006 and are settled in Nortel Networks Corporation common shares upon vesting.
[F20]The reported options were granted pursuant to the Nortel 2005 Stock Incentive Plan.
[F21]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.
[F22]Represents the exercise price of $29.9 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of grant.
[F3]Mandatory and automatic open market sale of common shares to pay applicable withholding taxes upon the vesting of restricted stock units.
[F4]Represents the per share sale price of $27.04 Cdn. as converted into U.S. dollars using the noon rate of exchange of the Bank of Canada on the date of sale.
[F5]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan as part of a grant of 4,000 restricted stock units that vest in three equal annual installments beginning on June 14, 2007 and are settled in Nortel Networks Corporation ("NNC") common shares upon vesting.
[F6]Restricted stock units awarded pursuant to the Nortel 2005 Stock Incentive Plan that vest in three equal annual installments beginning on March 21, 2008 and are settled in Nortel Networks Corporation ("NNC") common shares upon vesting, net of tax withholding.
[F7]1,908.3209 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 "Canadian Stock Fund") including the deduction of investment management fees and applicable taxes pursuant to the Nortel Networks Limited Investment Plan for Employees - Canada (the "Canadian Investment Plan") as of June 15, 2007. Each company stock fund unit represents one NNC common share and the price of each stock fund unit equals the closing price of one share of NNC common stock on the Toronto Stock Exchange on the applicable date. The Canadian Investment Plan is administered by Sun Life Assurance Company of Canada.
[F8]The reported options were granted pursuant to the Nortel Networks Corporation 1986 Stock Option Plan As Amended and Restated.
[F9]The reported options are currently vested.

Documents

1 file

4
davies-f4_0619ex.xmlPrimary

Issuer

NORTEL NETWORKS CORP

CIK 0000072911

→

Entity typeother

Related Parties

filerCIK 0001397799

Filing Metadata

Form type: 4
Filed: Jun 17, 8:00 PM ET
Accepted: Jun 18, 4:17 PM ET
Size: 28.2 KB

View on SEC.gov