Young Christopher D. 4
4 · HARRIS CORP /DE/ · Filed Aug 29, 2017
Insider Transaction Report
Form 4
Young Christopher D.
President, Communications
Transactions
- Award
Performance Stock Units
2017-08-25+2,920→ 2,920 totalExercise: $0.00→ Common Stock, Par Value $1.00 (2,920 underlying) - Award
Restricted Stock Units
2017-08-25+1,460→ 1,460 totalExercise: $0.00→ Common Stock, Par Value $1.00 (1,460 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2017-08-25+9,388→ 9,388 totalExercise: $119.66From: 2020-08-25Exp: 2027-08-25→ Common Stock, Par Value $1.00 (9,388 underlying)
Footnotes (3)
- [F1]Each performance stock unit represents a contingent right to one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 7/1/17. The 2,920 performance stock units will vest on 7/3/20. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.
- [F2]Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. Restricted stock units are subject to future vesting. The 1,460 restricted stock units vest on 8/25/20.
- [F3]Of the 9,388 options granted on this 8/25/17 stock option, 3,130 options become exercisable on 8/25/18, an additional 3,129 options become exercisable on 8/25/19, and the remaining 3,129 options become exercisable on 8/25/20.