Sec Form 4 Filing - MIKUEN SCOTT T @ HARRIS CORP /DE/ - 2017-08-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MIKUEN SCOTT T
2. Issuer Name and Ticker or Trading Symbol
HARRIS CORP /DE/ [ HRS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr VP-General Counsel & Secy
(Last) (First) (Middle)
HARRIS CORPORATION, 1025 WEST NASA BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
08/25/2017
(Street)
MELBOURNE, FL32919
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 08/25/2017 M 6,700 ( 1 ) A $ 0 54,448.56 D
Common Stock, Par Value $1.00 08/25/2017 A 858 ( 2 ) A $ 0 55,306.56 D
Common Stock, Par Value $1.00 08/25/2017 F 3,171 ( 3 ) D $ 119.66 52,135.56 ( 4 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Performance Stock Units $ 0 ( 1 ) 08/25/2017 M 6,700 ( 1 ) ( 1 ) Common Stock, Par Value $1.00 6,700 $ 0 0 D
Performance Stock Units $ 0 ( 5 ) 08/25/2017 A 4,941 ( 5 ) ( 5 ) Common Stock, Par Value $1.00 4,941 $ 0 4,941 D
Restricted Stock Units $ 0 ( 6 ) 08/25/2017 A 2,471 ( 6 ) ( 6 ) Common Stock, Par Value $1.00 2,471 $ 0 2,471 D
Non-Qualified Stock Option (Right to Buy) $ 119.66 08/25/2017 A 15,887 08/25/2020( 7 ) 08/25/2027 Common Stock, Par Value $1.00 15,887 $ 0 15,887 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MIKUEN SCOTT T
HARRIS CORPORATION
1025 WEST NASA BOULEVARD
MELBOURNE, FL32919
Sr VP-General Counsel & Secy
Signatures
/s/ Scott T. Mikuen 08/29/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This transaction represents the settlement of vested performance stock units in shares of common stock. These were performance stock units granted on 8/22/14 that vested on 6/30/17 and were paid in shares of common stock on 8/25/17. 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.
( 2 )Increase in vested performance stock units granted 8/22/14 based upon performance stock unit payout formula resulting in an additional payment in shares of common stock on 8/25/17.
( 3 )Shares withheld by company to pay tax liability on vesting of performance stock units previously awarded.
( 4 )Aggregate of 52,135.56 shares listed in Column 5 of Table I includes: (a) 2,441 restricted shares previously reported; (b) 28.77 shares acquired through dividend reinvestment in the Harris Corporation 401(k) Retirement Plan ("Plan") from 3/10/17 through 5/31/17; (c) 7.09 shares acquired through the Harris Corporation Dividend Reinvestment Plan from 3/24/17 through 6/16/17; and (d) a reduction of a .75 share due to rounding of previous reports by the Plan's record keeper.
( 5 )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 7/1/17. The 4,941 performance stock units will vest on 7/3/20. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.
( 6 )Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. Restricted stock units are subject to future vesting. The 2,471 restricted stock units vest on 8/25/20.
( 7 )Of the 15,887 options granted on this 8/25/17 stock option, 5,296 options become exercisable on 8/25/18, an additional 5,296 options become exercisable on 8/25/19, and the remaining 5,295 options become exercisable on 8/25/20.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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