STOFFEL JAMES C 4
4 · HARRIS CORP /DE/ · Filed Jun 7, 2018
Insider Transaction Report
Form 4
STOFFEL JAMES C
Director
Transactions
- Discretionary Transaction
Phantom Stock Units
2018-06-06$153.48/sh−20,400$3,130,992→ 15.15 total→ Common Stock, Par Value $1.00 (20,400 underlying)
Footnotes (2)
- [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.