HARRIS CORP /DE/ 4
4 · HARRIS CORP /DE/ · Filed Feb 10, 2015
Insider Transaction Report
Form 4
MORRIS JAMES D
Group Pres., Int. Network Sol.
Transactions
- Exercise/Conversion
Common Stock, Par Value $1.00
2015-02-06+236→ 18,152 total - Disposition to Issuer
Restricted Stock Units
2015-02-06−16,964→ 236 totalExercise: $0.00From: 2016-02-01→ Common Stock, Par Value $1.00 (16,964 underlying) - Exercise/Conversion
Restricted Stock Units
2015-02-06−236→ 0 totalExercise: $0.00From: 2016-02-01→ Common Stock, Par Value $1.00 (236 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. The 236 shares of common stock in Column 4 of Table 1 represent the vesting of a prorated portion of a restricted stock unit award, which shares of common stock were acquired by the reporting person upon termination of employment. The grant and the releases of the first and second tranches were previously reported.
- [F2]Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. Of the 51,600 units granted on this 2/1/13 restricted stock unit award, 17,200 units vested on 2/1/14, and 17,200 units vested on 2/1/15. The remaining 17,200 units were scheduled to vest on 2/1/16. Of the 17,200 remaining restricted stock units, 236 vested upon termination of employment due to proration for service, and the remaining 16,964 were forfeited.