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4//SEC Filing

THORSTEINSON TIMOTHY E 4

Accession 0001209191-09-042810

CIK 0000202058other

Filed

Aug 31, 8:00 PM ET

Accepted

Sep 1, 4:55 PM ET

Size

20.3 KB

Accession

0001209191-09-042810

Insider Transaction Report

Form 4
Period: 2009-08-28
THORSTEINSON TIMOTHY E
President - BCD
Transactions
  • Exercise/Conversion

    Performance Stock Units

    2009-08-286,20011,200 total
    Exercise: $0.00Common Stock, Par Value $1.00 (6,200 underlying)
  • Award

    Common Stock, Par Value $1.00

    2009-08-28+1,55018,021 total
  • Exercise/Conversion

    Common Stock, Par Value $1.00

    2009-08-28+6,20016,471 total
  • Tax Payment

    Common Stock, Par Value $1.00

    2009-08-28$35.04/sh3,410$119,48614,611 total
  • Award

    Non-Qualified Stock Option (Right to Buy)

    2009-08-28+41,10041,100 total
    Exercise: $35.04Exp: 2019-08-28Common Stock, Par Value $1.00 (41,100 underlying)
  • Award

    Performance Stock Units

    2009-08-28+11,30022,500 total
    Exercise: $0.00Common 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.

Issuer

HARRIS CORP /DE/

CIK 0000202058

Entity typeother

Related Parties

1
  • filerCIK 0001365708

Filing Metadata

Form type
4
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 4:55 PM ET
Size
20.3 KB