Edward J Zoiss, Harris Corporation's Pres. Space & Airborne Systems, just received 17,595 options and restricted shares from the company. The strike prices of the options received ranged from $0.00 to $181.91, and these expire on February 26, 2031. The restricted shares don't become available to Zoiss until such time as they become vested. Zoiss now has at least 10,378 options, and at least 7,217 restricted shares.
Some additional info was provided as follows:
Grant of options to purchase shares of Issuer's common stock subject to future vesting and exercisability: 3,460 on first anniversary of grant date, additional 3,459 on second anniversary of grant date and remaining 3,459 on third anniversary of grant date.
Award of restricted stock units subject to future vesting on 2/26/2024. Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock, with vested units settled in shares of Issuer's common stock.
Award of performance stock units subject to future vesting on 12/29/2023 in respect of 3-fiscal-year performance period that started 1/2/2021 and also subject to future adjustment based on award payout formula. Each performance stock unit represents a contingent right to 1 share of Issuer's common stock, with vested units settled in shares of Issuer's common stock.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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