HARRIS CORP /DE/ 4
4 · HARRIS CORP /DE/ · Filed Aug 29, 2006
Insider Transaction Report
Form 4
CAMPBELL GUY M
President - MCD
Transactions
- Tax Payment
Common Stock, Par Value $1.00
2006-08-25$43.82/sh−9,550$418,481→ 61,950 total - Award
Non-Qualifed Stock Option (right to buy)
2006-08-25+22,000→ 22,000 totalExercise: $43.82Exp: 2013-08-25→ Common Stock, Par Value $1.00 (22,000 underlying) - Award
Common Stock, Par Value $1.00
2006-08-25+7,500→ 71,500 total - Award
Common Stock, Par Value $1.00
2006-08-25+5,300→ 64,000 total
Footnotes (5)
- [F1]Grant of performance shares pursuant to the Harris Corporation 2005 Equity Stock Incentive Plan. Performance shares are subject to future adjustment; performance period starts 7/1/06.
- [F2]Increase in performance shares previously granted for the performance period starting on 7/1/03 and based upon performance share payout formula.
- [F3]Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.
- [F4]Aggregate of 61,950.00 shares listed in Column 5 Table I includes: (a) 13,700 performances shares previously reported and subject to adjustment and (b) 30,000 restricted shares previously reported and subject to vesting.
- [F5]Of the 22,000 shares granted on this 8/25/06 stock option, 11,000 shares are exercisable on 8/25/07, 5,500 shares are exercisable on 8/25/08, and 5,500 shares are exercisable on 8/25/09.