0001246360-17-001373.txt : 20170314
0001246360-17-001373.hdr.sgml : 20170314
20170314212812
ACCESSION NUMBER: 0001246360-17-001373
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170310
FILED AS OF DATE: 20170314
DATE AS OF CHANGE: 20170314
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HARMAN INTERNATIONAL INDUSTRIES INC /DE/
CENTRAL INDEX KEY: 0000800459
STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651]
IRS NUMBER: 112534306
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 400 ATLANTIC STREET
STREET 2: SUITE 1500
CITY: STAMFORD
STATE: CT
ZIP: 06901
BUSINESS PHONE: 2033283500
MAIL ADDRESS:
STREET 1: 400 ATLANTIC STREET
STREET 2: SUITE 1500
CITY: STAMFORD
STATE: CT
ZIP: 06901
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Parashar Mohit
CENTRAL INDEX KEY: 0001674883
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09764
FILM NUMBER: 17689622
MAIL ADDRESS:
STREET 1: 400 ATLANTIC STREET, SUITE 1500
CITY: STAMFORD
STATE: CT
ZIP: 06901
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2017-03-10
true
0000800459
HARMAN INTERNATIONAL INDUSTRIES INC /DE/
HAR
0001674883
Parashar Mohit
C/O HARMAN INTERNATIONAL INDUSTRIES,
400 ATLANTIC STREET, SUITE 1500
STAMFORD
CT
06901
false
true
false
false
EVP, Pres. Pro Solutions
Common Stock
2017-03-10
4
M
false
445
0
A
685
D
Common Stock
2017-03-10
4
M
false
324
0
A
1009
D
Common Stock
2017-03-10
4
M
false
4251
0
A
5260
D
Common Stock
2017-03-10
4
A
false
8480
0
A
13740
D
Common Stock
2017-03-10
4
M
false
566
0
A
14306
D
Common Stock
2017-03-10
4
F
false
9639
112
D
4667
D
Common Stock
2017-03-10
4
D
false
4427
112
D
240
D
Common Stock
2017-03-10
4
D
false
240
112
D
0
D
Restricted Share Unit
2017-03-10
4
M
false
445
0
D
Common Stock
445
0
D
Restricted Share Unit
2017-03-10
4
M
false
324
0
D
Common Stock
324
0
D
Restricted Share Unit
2017-03-10
4
M
false
4251
0
D
Common Stock
4251
0
D
Restricted Share Unit
2017-03-10
4
M
false
566
0
D
Common Stock
566
0
D
On November 14, 2016, Harman International Industries, Inc. (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement"), by and among Samsung Electronics Co., Ltd., Samsung Electronics America, Inc. ("Samsung USA"), Silk Delaware, Inc., a wholly owned subsidiary of Samsung USA ("Merger Sub"). Upon completion of the merger of the Issuer and Merger Sub (the "Closing"), the Reporting Person's shares of the Issuer's common stocks and restricted stock units ("RSUs") were converted into the right to receive $112 in cash, without interest, (the "Merger Consideration").
With respect to outstanding performance restricted stock units ("PRSUs"), 60% of the target award amount and a pro rata portion of the remaining 40%, calculated based on number of days lapsed between date of grant and March 10, 2017, were vested and converted to cash, and the remaining PRSUs were forfeited.
Upon the Closing, all unvested RSUs held by the Reporting Person were cancelled and converted into the right to receive an amount of cash equal to the number of shares at the Merger Consideration of $112 per share.
Represents the aggregate number of shares of common stock of the issuer withheld to cover taxes due upon vesting of the restricted share units reported in Column 4.
Marisa Iasenza, as attorney-in-fact, for Mohit Parasher
2017-03-14