HARRIS CORP /DE/ 4
4 · HARRIS CORP /DE/ · Filed Aug 26, 2014
Insider Transaction Report
Form 4
MORRIS JAMES D
Group Pres., Int. Network Sol.
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2014-08-22+23,100→ 23,100 totalExercise: $71.02From: 2017-08-22Exp: 2024-08-22→ Common Stock, Par Value $1.00 (23,100 underlying) - Award
Performance Stock Units
2014-08-22+5,000→ 5,000 totalExercise: $0.00→ Common Stock, Par Value $1.00 (5,000 underlying)
Footnotes (2)
- [F1]Of the 23,100 options granted on this 8/22/14 stock option, 7,700 options become exercisable on 8/22/15, an additional 7,700 options become exercisable on 8/22/16, and the remaining 7,700 options become exercisable on 8/22/17.
- [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 6/28/14. The 5,000 performance stock units will vest on 6/30/17. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.