SEC Form 4 · accession 0001246360-15-003085
HARMAN INTERNATIONAL INDUSTRIES INC /DE/ · HAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Slump
Officer — EVP, Operations
Period of report
Sep 10, 2015
Accepted (ET)
Sep 14, 2015 · 8:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000800459
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 10, 2015 | M | 6,503 | $0.00 | A | 31,259 | D | |
| Common StockF2 | Sep 10, 2015 | A | 11,001 | $0.00 | A | 42,260 | D | |
| Common StockF4,F5 | Sep 11, 2015 | S | 5,133 | $96.7395 | D | 37,127 | D | |
| Common StockF4,F6 | Sep 11, 2015 | S | 3,437 | $97.3407 | D | 33,690 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF1,F3 | — | Sep 10, 2015 | M | 6,503 | D | — | — | Common Stock | 6,503 | 0 | D |
Explanation of responses
- F1Each restricted share unit represents a contingent right to receive one share of Harman's common stock.
- F2The vesting of the 11,001 share grant is generally subject to the achievement of certain performance metrics and the continued employment of the reporting person.
- F3Restricted share units vest fully 3 years from the date of grant.
- F4Represents the aggregate number of shares of Issuer common stock sold to cover taxes due upon vesting of the restricted share units reported in Column 4.
- F5This sale price represents the weighted average sale price of the shares sold ranging from $96.55 to $96.9433 per share. Upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F6This sale price represents the weighted average sale price of the shares sold ranging from $96.96 to $97.74 per share. Upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.