THORSTEINSON TIMOTHY E 4

4 · HARRIS CORP /DE/ · Filed Sep 1, 2009

Form 4

Period: 2009-08-28

President - BCD

Transactions

Exercise/Conversion
Performance Stock Units
2009-08-28−6,200→ 11,200 total
Exercise: $0.00→ Common Stock, Par Value $1.00 (6,200 underlying)
Award
Common Stock, Par Value $1.00
2009-08-28+1,550→ 18,021 total
Exercise/Conversion
Common Stock, Par Value $1.00
2009-08-28+6,200→ 16,471 total
Tax Payment
Common Stock, Par Value $1.00
2009-08-28$35.04/sh−3,410$119,486→ 14,611 total
Award
Non-Qualified Stock Option (Right to Buy)
2009-08-28+41,100→ 41,100 total
Exercise: $35.04Exp: 2019-08-28→ Common Stock, Par Value $1.00 (41,100 underlying)
Award
Performance Stock Units
2009-08-28+11,300→ 22,500 total
Exercise: $0.00→ Common Stock, Par Value $1.00 (11,300 underlying)

Footnotes (7)

[F1]The 6,200 performance stock units granted on 8/25/06 vested on 7/3/09 and is paid in shares of common stock on 8/28/09. The grant was previously reported.
[F2]Increase in performance stock units granted 8/25/06 based upon performance stock unit payout formula resulting in an additional payment in shares of common stock on 8/28/09.
[F3]Shares withheld by company to pay tax liability on vesting of performance stock units previously awarded.
[F4]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 8/28/09.
[F5]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 7/4/09. The 11,300 performance stock units will vest on 6/29/12. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.
[F6]The aggregate of 22,500 performance stock units listed in Column 9 of Table II includes 11,100 performance stock units previously reported and subject to adjustment.
[F7]Of the 41,100 shares granted on this 8/28/09 stock option, 13,700 shares are exercisable on 8/28/10, 13,700 shares are exercisable on 8/28/11, and 13,700 shares are exercisable on 8/28/12.

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