THORSTEINSON TIMOTHY E 4

4 · HARRIS CORP /DE/ · Filed Aug 26, 2008

Form 4

Period: 2008-08-22

President - BCD

Transactions

Award
Common Stock, Par Value $1.00
2008-08-22+2,100→ 9,100 total
Exercise/Conversion
Performance Stock Units
2008-08-22−7,000→ 10,900 total
Exercise: $0.00→ Common Stock, Par Value $1.00 (7,000 underlying)
Award
Performance Stock Units
2008-08-22+6,500→ 17,400 total
Exercise: $0.00→ Common Stock, Par Value $1.00 (6,500 underlying)
Exercise/Conversion
Common Stock, Par Value $1.00
2008-08-22+7,000→ 7,000 total
Award
Non-Qualified Stock Option (Right to Buy)
2008-08-22+26,100→ 26,100 total
Exercise: $51.75Exp: 2015-08-22→ Common Stock, Par Value $1.00 (26,100 underlying)

Footnotes (6)

[F1]The 7,000 performance stock units granted on 10/28/05 vested on 6/27/08 and is paid in shares of common stock on 8/22/08. This grant was previously reported.
[F2]Increase in performance stock units granted 10/28/05 based upon performance stock unit payout formula resulting in an additional payment in shares of common stock on 8/22/08.
[F3]Each performance stock unit represented a contingent right to receive one share of the Issuer's common stock. These performance stock units were paid out in shares of common stock on 8/22/08.
[F4]Each performance stock unit represents a contingent right to one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 6/28/08. The 6,500 performance stock units will vest on 7/1/2011. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.
[F5]The aggregate of 17,400 performance stock units listed in Column 9 of Table II includes 10,900 performance stock units previously reported and subject to adjustment.
[F6]Of the 26,100 shares granted on this 8/22/08 stock option, 13,050 shares are exercisable on 8/22/09, 6,525 shares are exercisable on 8/22/10, and 6,525 shares are exercisable on 8/22/11.

Documents

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