Filing Details
- Accession Number:
- 0001209191-14-017903
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-06 16:43:31
- Reporting Period:
- 2014-03-04
- Filing Date:
- 2014-03-06
- Accepted Time:
- 2014-03-06 16:43:31
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 202058 | Harris Corp | HRS | Search, Detection, Navagation, Guidance, Aeronautical Sys (3812) | 340276860 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1182705 | Iii Lewis Hay | 11770 U.s. Highway 1, Suite 310 Palm Beach Gardens FL 33408 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $1.00 | Acquisiton | 2014-03-05 | 4,228 | $27.30 | 8,456 | No | 4 | M | Direct | |
| Common Stock, Par Value $1.00 | Disposition | 2014-03-05 | 4,228 | $74.62 | 4,228 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $1.00 | Non-Qualified Stock Option (Right to Buy) | Disposition | 2014-03-05 | 4,228 | $0.00 | 4,228 | $27.30 |
| Common Stock, Par Value $1.00 | Phantom Stock Units | Disposition | 2014-03-04 | 30,000 | $73.79 | 30,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2007-10-22 | 2014-10-22 | No | 4 | M | Direct |
| 35,068 | No | 4 | I | Direct |
Footnotes
- The exercise of an option and sale of the underlying 4,228 shares on March 5, 2014 as reported on this Form 4 were sold pursuant to a sale plan adopted by the reporting person on December 2, 2013, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- The price reported in Column 4 is a weighted average sale price. The 4,228 shares were sold in multiple transactions at prices ranging from $74.38 to $75.02 and a weighted average sale price of $74.6154. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
- 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.
- The disposition of 30,000 phantom stock units, as reported in this Form 4, was effected pursuant to a Harris Stock Fund Transfer and Instruction Plan adopted by the reporting person on December 2, 2013. The value of such 30,000 phantom stock units in the Harris Corporation 2005 Directors' Deferred Compensation Plan was transferred into alternative investment accounts under the Harris Corporation 2005 Directors' Deferred Compensation Plan.
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