HARRIS CORP /DE/ 4
4 · HARRIS CORP /DE/ · Filed Jan 6, 2015
Insider Transaction Report
Form 4
SCHWARTZ LEWIS A
VP, Principal Accting. Officer
Transactions
- Discretionary Transaction
Phantom Stock Units
2015-01-02$71.62/sh+177.76$12,731→ 1,660.4 total→ Common Stock, Par Value $1.00 (177.76 underlying) - Sale
Common Stock, Par Value $1.00
2015-01-02$72.15/sh−500$36,075→ 16,792.41 total
Footnotes (5)
- [F1]The sale of 500 shares as reported in this Form 4 were sold pursuant to a sale plan adopted by the reporting person on May 21, 2014, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- [F2]Aggregate of 16,792.41 shares listed in Column 5 of Table I includes 25.38 shares acquired through the Harris Corporation 401(k) Retirement Plan on 11/18/14.
- [F3]Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
- [F4]The phantom stock units were accrued under the Harris Corporation Supplemental Executive Retirement Plan. Phantom stock units are to be settled in cash upon the reporting person's retirement or other events. Prior to settlement, the reporting person may also transfer phantom stock units into alternative investment accounts.
- [F5]The aggregate of 1,660.40 phantom stock units includes 34.86 phantom stock units acquired through dividend reinvestment in the Harris Corporation Supplemental Executive Retirement Plan from 3/7/14 through 11/18/14 and a reduction of a .73 phantom stock unit due to rounding by the Plan's recordkeeper.