Young Christopher D. 4

Accession 0001209191-18-048634

CIK 0000202058other

View on SEC.gov Company Profile

Filed

Aug 27, 8:00 PM ET

Accepted

Aug 28, 2:40 PM ET

Size

22.3 KB

Accession

0001209191-18-048634

Insider Transaction Report

Form 4

Period: 2018-08-24

HARRIS CORP /DE/HRS

Young Christopher D.

President, Communications

Transactions

Exercise/Conversion
Common Stock, Par Value $1.00
2018-08-24+3,945→ 27,848.38 total
Tax Payment
Common Stock, Par Value $1.00
2018-08-24$163.23/sh−1,971$321,726→ 25,956.38 total
Award
Performance Stock Units
2018-08-24+2,156→ 2,156 total
Exercise: $0.00→ Common Stock, Par Value $1.00 (2,156 underlying)
Award
Non-Qualified Stock Option (Right to Buy)
2018-08-24+5,579→ 5,579 total
Exercise: $163.23From: 2021-08-24Exp: 2028-08-24→ Common Stock, Par Value $1.00 (5,579 underlying)
Award
Common Stock, Par Value $1.00
2018-08-24+79→ 27,927.38 total
Exercise/Conversion
Performance Stock Units
2018-08-24−3,945→ 0 total
Exercise: $0.00→ Common Stock, Par Value $1.00 (3,945 underlying)
Award
Restricted Stock Units
2018-08-24+1,078→ 1,078 total
Exercise: $0.00→ Common Stock, Par Value $1.00 (1,078 underlying)

Footnotes (7)

[F1]Settlement in shares of common stock of performance stock units awarded on 8/28/2015 (previously reported) that vested at end of 3-fiscal-year performance period on 6/29/2018. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.).
[F2]Settlement in shares of common stock of additional performance stock units from award described in note (1) above that vested based on award payout formula.
[F3]Shares withheld by Issuer to pay tax liability on vesting of performance stock units previously awarded.
[F4]Aggregate of shares listed includes: (a) 29.40 shares acquired through Harris Corporation 401(k) Retirement Plan ("Plan") from 4/11/18 through 5/31/18 and (b) a reduction of 1.23 shares due to a rounding of previous reports by Plan's record keeper.
[F5]Award of performance stock units subject to future vesting on 7/2/2021 in respect of 3-fiscal-year performance period that started 6/30/2018 and also subject to future adjustment based on award payout formula, with vested units to be settled in shares of common stock within 2.5 months of vesting. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
[F6]Award of restricted stock units subject to future vesting on 8/24/2021. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)
[F7]Aggregate number of options vests and becomes exercisable as follows: 1,860 on first anniversary of grant date, additional 1,860 on second anniversary of grant date and remaining 1,859 on third anniversary of grant date.

Documents

2 files

Issuer

HARRIS CORP /DE/

CIK 0000202058

→

Entity typeother

Related Parties

filerCIK 0001532250

Filing Metadata

Form type: 4
Filed: Aug 27, 8:00 PM ET
Accepted: Aug 28, 2:40 PM ET
Size: 22.3 KB

View on SEC.gov