Young Christopher D. 4
4 · HARRIS CORP /DE/ · Filed Apr 11, 2018
Insider Transaction Report
Form 4
Young Christopher D.
President, Communications
Transactions
- Disposition to Issuer
Common Stock, Par Value $1.00
2018-03-05$154.26/sh−2,475$381,794→ 42,384.45 total - Exercise/Conversion
Common Stock, Par Value $1.00
2018-03-05+2,475→ 44,859.45 total - Exercise/Conversion
Restricted Stock Units
2018-03-05−2,475→ 0 totalExercise: $0.00→ Common Stock, Par Value $1.00 (2,475 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive the cash value of one share of the Issuer's common stock. These restricted stock units pay out in cash in three installments: 2,476 units vested on 3/5/16, an additional 2,476 units vested on 3/5/17, and the remaining 2,475 units vested on 3/5/18. This grant was previously reported.
- [F2]The 2,475 shares were paid out in cash on the March 5, 2018 vest date at the closing price of $154.26.
- [F3]Aggregate of 42,384.45 shares listed in Column 5 of Table I includes: (a) 37,830 restricted shares previously reported and (b) 23.10 shares acquired through the Harris Corporation 401(k) Retirement Plan from 9/7/17 through 2/28/18.