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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 | ||||||||
Restricted Share Unit | (1) | 12/03/2008(2) | A | 28,757 | (3) | (3) | Common Stock | 28,757 | $ 0 | 78,757 | D | ||||
Restricted Share Unit | (1) | 12/03/2008(2) | A | 73,814 | (4) | (4) | Common Stock | 73,814 | $ 0 | 73,814 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Paliwal Dinesh C C/O HARMAN INTERNATIONAL 400 ATLANTIC STREET, SUITE 1500 STAMFORD 06901 |
X | Chairman, CEO & President |
/s/ Cherie Curry as attorney in fact, for Dinesh Paliwal | 12/05/2008 | |
**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) | Each restricted share unit represents a contingent right to receive one share of Harman's common stock. |
(2) | The restricted share unit award was approved by the Compensation and Option Committee of Harman International's board of directors on September 17, 2008 subject to shareholder approval of the Amendments to the 2002 Stock Option and Incentive Plan. Harman's shareholders approved the amendments to the 2002 Plan on December 3, 2008. |
(3) | The restricted share units vest fully three years from the date of the grant on September 17, 2011. |
(4) | Of the 73,814 restricted share units, (1) 12,913 will vest on December 3, 2009, (2) 32,460 will vest on March 10, 2010, (3) 20,911 will vest on July 1, 2010, (4) 3,765 will vest on July 1, 2011 and (5) 3,765 will vest on July 1, 2012. |