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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 | ||||||||
Stock Option (right to buy) | $ 32.14 | 09/17/2008 | A | 72,748 | (1) | 09/17/2018 | Common Stock | 72,748 | $ 0 | 72,748 | D | ||||
Restricted Share Unit | (2) | 09/17/2008 | A | 50,000 | (3) | (3) | Common Stock | 50,000 | $ 0 | 50,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Paliwal Dinesh C C/O HARMAN INTERNATIONAL 1101 PENNSYLVANIA AVE., NW #1010 WASHINGTON 20004 |
X | Chairman, CEO & President |
/s/ Cherie Curry as attorney in fact, for Dinesh Paliwal | 09/19/2008 | |
**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) | Option vests in three equal annual increments starting on September 17, 2009. |
(2) | Each restricted share unit represents a contingent right to receive one share of Harman's common stock. |
(3) | Restricted share units vest fully 3 years from the date of grant. |
Remarks: The compensation committee of the company's board of directors has also approved a grant to Mr. Paliwal of 102,571 restricted share units, subject to stockholder approval of amendments to the company's 2002 Stock Option and Incentive Plan at the company's annual stockholders' meeting on December 3, 2008. |