THORSTEINSON TIMOTHY E 4
4 · HARRIS CORP /DE/ · Filed Aug 29, 2006
Insider Transaction Report
Form 4
THORSTEINSON TIMOTHY E
President - BCD
Transactions
- Award
Performance Stock Units
2006-08-25+6,200→ 13,200 total→ Common Stock, Par Value $1.00 (6,200 underlying) - Award
Non-Qualified Stock Option (right to buy)
2006-08-25+26,000→ 26,000 totalExercise: $43.82Exp: 2013-08-25→ Common Stock, Par Value $1.00 (26,000 underlying) - Award
Restricted Stock Units
2006-08-25+5,200→ 25,200 total→ Common Stock, Par Value $1.00 (5,200 underlying)
Footnotes (5)
- [F1]Of the 26,000 shares granted on this 8/25/06 stock option, 13,000 shares are exercisable on 8/25/07, 6,500 shares are exercisable on 8/25/08, and 6,500 shares are exercisable on 8/25/09.
- [F2]Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 7/1/06.
- [F3]The 6,200 performance stock units will vest on 7/2/09. Vested shares are subject to adjustment and will be delivered to the reporting person within two and one-half months of vesting.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F5]The 5,200 restricted stock units granted on 8/25/06 will vest on 8/25/09. Vested shares will be delivered to the reporting person within two and one-half months of vesting.