HARRIS CORP /DE/ 4
4 · HARRIS CORP /DE/ · Filed Sep 2, 2005
Insider Transaction Report
Form 4
MASSARI CHESTER A
President - RFCD
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-08-31−6,500→ 0 totalExercise: $16.82From: 2005-08-23Exp: 2012-08-23→ Common Stock, Par Value $1.00 (6,500 underlying) - Exercise/Conversion
Common Stock, Par Value $1.00
2005-08-31$16.82/sh+6,500$109,363→ 98,892.26 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-08-31−7,500→ 7,500 totalExercise: $16.27Exp: 2013-08-22→ Common Stock, Par Value $1.00 (7,500 underlying) - Tax Payment
Common Stock, Par Value $1.00
2005-08-31$37.49/sh−2,917$109,358→ 95,975.26 total - Tax Payment
Common Stock, Par Value $1.00
2005-08-31$37.49/sh−1,599$59,947→ 94,376.26 total - Exercise/Conversion
Common Stock, Par Value $1.00
2005-08-31$16.27/sh+7,500$122,062→ 101,876.26 total - Tax Payment
Common Stock, Par Value $1.00
2005-08-31$37.49/sh−3,255$122,030→ 98,621.26 total - Tax Payment
Common Stock, Par Value $1.00
2005-08-31$37.49/sh−1,895$71,044→ 96,726.26 total
Footnotes (4)
- [F1]Stock swap exercise (referenced in Table II) and disposition of shares upon tax withholding.
- [F2]Aggregate of 96,726.26 shares listed in Column 5 of Table I includes 22,400 performance shares previously reported and subject to adjustment.
- [F3]Pursuant to the anti-dilution provisions of the Corporation's Stock Incentive Plan, all options outstanding on 3/30/05 became exercisable for twice as many shares at an exercise price of 50% of the then effective exercise price.
- [F4]Of the 30,000 shares granted on this 8/22/03 stock option, 15,000 shares are exercisable on 8/22/04, 7,500 shares are exercisable on 8/22/05, and 7,500 shares are exercisable on 8/22/06.