0001246360-17-001386.txt : 20170315
0001246360-17-001386.hdr.sgml : 20170315
20170315060056
ACCESSION NUMBER: 0001246360-17-001386
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160701
FILED AS OF DATE: 20170315
DATE AS OF CHANGE: 20170315
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: Dhawan Sanjay
CENTRAL INDEX KEY: 0001639051
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09764
FILM NUMBER: 17689750
MAIL ADDRESS:
STREET 1: C/O HARMAN INTERNATIONAL INDUSTRIES, INC
STREET 2: 400 ATLANTIC STREET
CITY: STAMFORD
STATE: CT
ZIP: 06901
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2016-07-01
true
0000800459
HARMAN INTERNATIONAL INDUSTRIES INC /DE/
HAR
0001639051
Dhawan Sanjay
400 ATLANTIC STREET, SUITE 1500
STAMFORD
CT
06901
false
true
false
false
EVP, Pres. Connected Services
Common Stock
2016-07-01
4
M
false
4034
0
A
4683
D
Common Stock
2017-03-10
4
M
false
4723
0
A
9406
D
Common Stock
2017-03-10
4
M
false
2739
0
A
12145
D
Common Stock
2017-03-10
4
A
false
9836
0
A
21981
D
Common Stock
2017-03-10
4
A
false
9423
0
A
31404
D
Common Stock
2017-03-10
4
M
false
8066
0
A
39470
D
Common Stock
2017-03-10
4
F
false
18226
112
D
21244
D
Common Stock
2017-03-10
4
D
false
21244
112
D
0
D
Restricted Share Unit
2016-07-01
4
M
false
4034
0
D
Common Stock
4034
8066
D
Restricted Share Unit
2017-03-10
4
M
false
4723
0
D
Common Stock
4723
0
D
Restricted Share Unit
2017-03-10
4
M
false
2739
0
D
Common Stock
2739
0
D
Restricted Share Unit
2017-03-10
4
M
false
8066
0
D
Common Stock
8066
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, shares of restricted stock units ("RSUs") and stock options were converted into the right to receive $112 in cash, without interest, (the "Merger Consideration").
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.
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.
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 Sanjay Dhawan
2017-03-14