HARRIS CORP /DE/ 4
4 · HARRIS CORP /DE/ · Filed Jul 5, 2017
Insider Transaction Report
Form 4
GROWCOCK TERRY D
Director
Transactions
- Award
Phantom Stock Units
2017-07-01$109.08/sh+309.41$33,750→ 30,152.95 total→ Common Stock, Par Value $1.00 (309.41 underlying)
Footnotes (3)
- [F1]Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
- [F2]The phantom stock units were awarded on July 1, 2017 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.
- [F3]The aggregate of 30,152.95 phantom stock units includes (a) 140.36 phantom stock units acquired through dividend reinvestment in the Harris Corporation 2005 Directors' Deferred Compensation Plan ("Plan") on 5/31/17 and (b) a reduction of a .35 phantom stock unit due to rounding of previous reports by the Plan's recordkeeper.