0001209191-15-068810.txt : 20150901
0001209191-15-068810.hdr.sgml : 20150901
20150901163612
ACCESSION NUMBER: 0001209191-15-068810
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150828
FILED AS OF DATE: 20150901
DATE AS OF CHANGE: 20150901
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HARRIS CORP /DE/
CENTRAL INDEX KEY: 0000202058
STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
IRS NUMBER: 340276860
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 1025 W NASA BLVD
CITY: MELBOURNE
STATE: FL
ZIP: 32919
BUSINESS PHONE: 3217279100
MAIL ADDRESS:
STREET 1: 1025 W NASA BLVD
CITY: MELBOURNE
STATE: FL
ZIP: 32919
FORMER COMPANY:
FORMER CONFORMED NAME: HARRIS SEYBOLD CO
DATE OF NAME CHANGE: 19600201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FOX SHELDON J
CENTRAL INDEX KEY: 0001493127
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03863
FILM NUMBER: 151087701
MAIL ADDRESS:
STREET 1: HARRIS CORPORATION
STREET 2: 2400 PALM BAY ROAD NE
CITY: PALM BAY
STATE: FL
ZIP: 32905
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-08-28
0
0000202058
HARRIS CORP /DE/
HRS
0001493127
FOX SHELDON J
HARRIS CORPORATION
1025 WEST NASA BOULEVARD
MELBOURNE
FL
32919
0
1
0
0
SVP, Integration & Engineering
Common Stock, Par Value $1.00
2015-08-28
4
M
0
11500
0.00
A
46892.74
D
Common Stock, Par Value $1.00
2015-08-28
4
A
0
2358
0.00
A
49250.74
D
Common Stock, Par Value $1.00
2015-08-28
4
F
0
5814
77.54
D
43436.74
D
Performance Stock Units
0.00
2015-08-28
4
M
0
11500
0.00
D
Common Stock, Par Value $1.00
11500
0
D
Non-Qualified Stock Option (Right to Buy)
77.54
2015-08-28
4
A
0
42350
0.00
A
2018-08-28
2025-08-28
Common Stock, Par Value $1.00
42350
42350
D
Performance Stock Units
0.00
2015-08-28
4
A
0
7255
0.00
A
Common Stock, Par Value $1.00
7255
7255
D
This transaction represents the settlement of vested performance stock units in shares of common stock. These were performance stock units granted on 8/24/12 that vested on 7/3/15 and were paid in shares of common stock on 8/28/15. Each performance stock unit represents a contingent right to one share of the Issuer's common stock. The performance stock unit grant was previously reported.
Increase in vested performance stock units granted 8/24/12 based upon performance stock unit payout formula resulting in an additional payment in shares of common stock on 8/28/15.
Shares withheld by company to pay tax liability on vesting of performance stock units previously awarded.
Aggregate of 43,436.74 shares listed in Column 5 of Table I includes: (a) 6,275 restricted shares previously reported; (b) 22.67 shares acquired through the Harris Corporation 401(k) Retirement Plan ("Plan") on 5/20/15; (c) 136.55 shares acquired through a broker dividend reinvestment plan on 6/12/15; and (d) a reduction of 2.64 shares due to rounding of previous reports by the Plan's record keeper.
Of the 42,350 shares granted on this 8/28/15 stock option, 14,117 shares will become exercisable on 8/28/16, an additional 14,117 shares will become exercisable on 8/28/17, and the remaining 14,116 shares will become exercisable on 8/28/18.
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 7/4/15. The 7,255 performance stock units will vest on 6/29/18. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.
/s/ Sheldon J. Fox
2015-09-01