BALLANTYNE RICHARD L 4
4 · HARRIS CORP /DE/ · Filed Aug 31, 2004
Insider Transaction Report
Form 4
BALLANTYNE RICHARD L
VP - General Counsel and Secy
Transactions
- Tax Payment
Common Stock, Par Value $1.00
2004-08-27$48.00/sh−1,183$56,784→ 24,783.14 total - Award
Non-Qualifed Stock Option (right to buy)
2004-08-27+15,000→ 15,000 totalExercise: $48.00Exp: 2011-08-27→ Common Stock, Par Value $1.00 (15,000 underlying)
Footnotes (3)
- [F1]Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.
- [F2]Aggregate of 24,783.14 shares listed in Column 5 Table I includes 3,000 performance shares previously reported and subject to adjustment, 5.32 shares acquired through the Harris Corporation 401(k) Retirement Plan on 5/27/04, and a reduction of 4.56 shares to reflect "rounding" of prior reports from the plan's record keeper.
- [F3]Of the 15,000 shares granted on this 8/27/04 stock option, 7,500 shares are exercisable on 6/30/05, 3,750 shares are exercisable on 8/27/06, and 3,750 shares are exercisable on 8/27/07.