SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol HARRIS CORP /DE/ [ HRS ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 09/04/2018 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, Par Value $1.00 | 09/04/2018 | M(1) | 8,660 | A | $79.7 | 12,274.82 | D | |||
Common Stock, Par Value $1.00 | 09/04/2018 | S(1) | 8,660 | D | $161.6(2) | 3,614.82 | D | |||
Common Stock, Par Value $1.00 | 09/04/2018 | M(1) | 5,167 | A | $90.84 | 8,781.82 | D | |||
Common Stock, Par Value $1.00 | 09/04/2018 | S(1) | 5,167 | D | $161.98(3) | 3,614.82 | D | |||
Common Stock, Par Value $1.00 | 09/04/2018 | M(1) | 1,084 | A | $119.66 | 4,698.82 | D | |||
Common Stock, Par Value $1.00 | 09/04/2018 | S(1) | 1,084 | D | $161.98(3) | 3,614.82 | D | |||
Common Stock, Par Value $1.00 | 09/04/2018 | M(1) | 4,787 | A | $77.54 | 8,401.82 | D | |||
Common Stock, Par Value $1.00 | 09/04/2018 | S(1) | 3,787 | D | $161.9(4) | 4,614.82 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (Right to Buy) | $79.7 | 09/04/2018 | M(1) | 8,660 | 06/01/2018 | 06/01/2025 | Common Stock, Par Value $1.00 | 8,660 | $0.00 | 0 | D | ||||
Non-Qualified Stock Option (Right to Buy) | $90.84 | 09/04/2018 | M(1) | 5,167 | (5) | 08/26/2026 | Common Stock, Par Value $1.00 | 5,167 | $0.00 | 2,583 | D | ||||
Non-Qualified Stock Option (Right to Buy) | $119.66 | 09/04/2018 | M(1) | 1,084 | (6) | 08/25/2027 | Common Stock, Par Value $1.00 | 1,084 | $0.00 | 2,166 | D | ||||
Non-Qualified Stock Option (Right to Buy) | $77.54 | 09/04/2018 | M(1) | 4,787 | 08/28/2018 | 08/28/2025 | Common Stock, Par Value $1.00 | 4,787 | $0.00 | 2,393 | D |
Explanation of Responses: |
1. The exercise of options and sale of the underlying shares as reported on this Form 4 were executed pursuant to a sale plan adopted by the reporting person on May 4, 2018, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. |
2. Weighted average sale price of $161.60 (prices actually received ranged from $161.05 to $161.86). The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range. |
3. Weighted average sale price of $161.98 (prices actually received ranged from $161.86 to $162.25). The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range. |
4. Weighted average sale price of $161.90 (prices actually received ranged from $161.69 to $162.18). The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range. |
5. Of aggregate number of options granted on 8/26/16, 2,584 vested and became exercisable on the first anniversary of grant date, 2,583 vested and became exercisable on the second anniversary of grant date, and the remaining 2,583 vest and become exercisable on third anniversary of grant date. |
6. Of aggregate number of options granted on 8/25/17, 1,084 vested and became exercisable on the first anniversary of grant date, 1,083 vest and become exercisable on the second anniversary of grant date, and the remaining 1,083 vest and become exercisable on third anniversary of grant date. |
Remarks: |
/s/ Todd A. Taylor | 09/06/2018 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |