HARRIS CORP /DE/ 4
4 · HARRIS CORP /DE/ · Filed Oct 5, 2015
Insider Transaction Report
Form 4
RICKARD DAVID B
Director
Transactions
- Award
Phantom Stock Units
2015-10-01$73.24/sh+460.81$33,750→ 70,036.46 total→ Common Stock, Par Value $1.00 (460.81 underlying) - Award
Phantom Stock Units
2015-10-01$73.24/sh+392.55$28,750→ 69,575.65 total→ Common Stock, Par Value $1.00 (392.55 underlying)
Footnotes (4)
- [F1]Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
- [F2]The phantom stock units were accrued under the Harris Corporation 2005 Directors' Deferred Compensation Plan. The phantom stock units are to be settled in cash upon the reporting person's retirement or other events. The reporting person may also transfer the phantom stock units into alternative investment accounts in certain other instances if applicable ownership guidelines are satisfied.
- [F3]The phantom stock units were awarded on October 1, 2015 pursuant to an automatic quarterly grant under the Harris Corporation 2005 Directors' Deferred Compensation Plan. The phantom stock units are to be settled in cash upon the reporting person's retirement or other events. The reporting person may also transfer the phantom stock units into alternative investment accounts in certain other instances if applicable ownership guidelines are satisfied.
- [F4]The aggregate of 70,036.46 phantom stock units includes: (a) 454.97 phantom stock units acquired through dividend reinvestment in the Harris Corporation Directors' Deferred Compensation Plans ("Plans") on 9/9/15 and (b) an additional 4.33 phantom stock units due to rounding of previous reports by the Plans' recordkeeper.