Sec Form 4 Filing - FOX SHELDON J @ HARRIS CORP /DE/ - 2018-08-24

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
FOX SHELDON J
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)
SVP, Operations and IT
(Last) (First) (Middle)
HARRIS CORPORATION, 1025 WEST NASA BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
08/24/2018
(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 08/24/2018 M 7,255 ( 1 ) A $ 0 56,902.79 D
Common Stock, Par Value $1.00 08/24/2018 A 145 ( 2 ) A $ 0 57,047.79 D
Common Stock, Par Value $1.00 08/24/2018 F 2,912 ( 3 ) D $ 163.23 54,135.79 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 08/24/2018 M 7,255 ( 1 ) ( 1 ) Common Stock, Par Value $1.00 7,255 $ 0 0 D
Performance Stock Units $ 0 08/24/2018 A 3,317 ( 4 ) ( 4 ) Common Stock, Par Value $1.00 3,317 $ 0 3,317 D
Restricted Stock Units $ 0 08/24/2018 A 1,659 ( 5 ) ( 5 ) Common Stock, Par Value $1.00 1,659 $ 0 1,659 D
Non-Qualified Stock Option (Right to Buy) $ 163.23 08/24/2018 A 8,583 08/24/2021( 6 ) 08/24/2028 Common Stock, Par Value $1.00 8,583 $ 0 8,583 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FOX SHELDON J
HARRIS CORPORATION
1025 WEST NASA BOULEVARD
MELBOURNE, FL32919
SVP, Operations and IT
Signatures
/s/ Sheldon J. Fox 08/28/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Settlement in shares of common stock of performance stock units awarded on 8/28/2015 (previously reported) that vested at end of 3-fiscal-year performance period on 6/29/2018. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
( 2 )Settlement in shares of common stock of additional performance stock units from award described in note (1) above that vested based on award payout formula.
( 3 )Shares withheld by Issuer to pay tax liability on vesting of performance stock units previously awarded.
( 4 )Award of performance stock units subject to future vesting on 7/2/2021 in respect of 3-fiscal-year performance period that started 6/30/2018 and also subject to future adjustment based on award payout formula, with vested units to be settled in shares of common stock within 2.5 months of vesting. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
( 5 )Award of restricted stock units subject to future vesting on 8/24/2021. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)
( 6 )Aggregate number of options vests and becomes exercisable as follows: 2,861 on first anniversary of grant date, additional 2,861 on second anniversary of grant date and remaining 2,861 on third anniversary of grant 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).
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