HENRY ROBERT K 4
4 · HARRIS CORP /DE/ · Filed Aug 26, 2008
Insider Transaction Report
Form 4
HENRY ROBERT K
Exec. VP and COO
Transactions
- Award
Common Stock, Par Value $1.00
2008-08-22+3,450→ 62,531.09 total - Tax Payment
Common Stock, Par Value $1.00
2008-08-22$51.75/sh−5,450$282,038→ 57,081.09 total - Award
Non-Qualified Stock Option (Right to Buy)
2008-08-22+108,400→ 108,400 totalExercise: $51.75Exp: 2015-08-22→ Common Stock, Par Value $1.00 (108,400 underlying)
Footnotes (4)
- [F1]Increase in performance shares granted 8/26/05 based upon performance share payout formula.
- [F2]Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.
- [F3]Aggregate of 57,081.09 shares listed in Column 5 of Table I includes: (a) 22,000 performance shares previously reported and subject to adjustment; (b) 3.54 shares acquired through the Harris Corporation 401(k) Retirement Plan on 5/28/08; and (c) a reduction of 2.42 shares due to rounding of previous reports of the Plan's record keeper.
- [F4]Of the 108,400 shares granted on this 8/22/08 stock option, 54,200 shares are exercisable on 8/22/09, 27,100 shares are exercisable on 8/22/10, and 27,100 shares are exercisable on 8/22/11.