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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 24.115 | 05/16/2008 | M | 150,000 | (5) | 09/24/2012 | Common Stock | 150,000 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 15.6875 | 05/16/2008 | M | 200,000 | (6) | 08/07/2010 | Common Stock | 200,000 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 11 | 05/16/2008 | M | 200,000 | (7) | 07/30/2009 | Common Stock | 200,000 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 18.445 | 05/16/2008 | M | 150,000 | (8) | 08/07/2011 | Common Stock | 150,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HARMAN SIDNEY 3550 WILLIAMSBURG LANE, NW WASHINGTON, DC 20008 |
X |
/s/ Cherie Curry, as attorney in fact, for Sidney Harman | 06/04/2008 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | After giving effect to the reported transactions, includes 1,762,632 shares held in the Sidney Harman 1987 Revocable Trust. Of these shares, 409,446 shares were later transferred to a new trust for which Dr. Harman serves as the sole trustee. In addition includes 171,164 shares held in the Sidney Harman Charitable Remainder Trust for which Dr. Harman has sole dispositive power and sole voting power and 154,416 shares held in an irrevocable trust for various family members for which Dr. Harman has sole voting power but shared dispositive power. |
(2) | Shares withheld to satisfy tax withholding obligations. |
(3) | Shares from the Sidney Harman 1987 Revocable Trust that were delivered to the company to cover the exercise price of Dr. Harman's stock options. |
(4) | Dr. Harman disclaims beneficial ownership of the 409,446 shares owned by his wife. |
(5) | The option vested in five equal annual increments commencing 9/24/2003. |
(6) | The option vested in five equal annual increments commencing 8/7/2001. |
(7) | The option vested in five equal annual increments commencing 7/30/2000. |
(8) | The option vested in five equal annual increments commencing 8/7/2002. |