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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2006
Dec 14, 2006
29993_dirs_2006-12-14_c4c25430-7f09-4311-8636-8adbc3399502.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HARRIS CORP /DE/ (HRS)
CIK: 0000202058
Period of Report: 2006-12-12
Reporting Person: MCARTHUR GARY L (VP and Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-12-12 | Common Stock, Par Value $1.00 | M | 7000 | $16.825 | Acquired | 54306.76 | Direct |
| 2006-12-12 | Common Stock, Par Value $1.00 | S | 7000 | $45.30 | Disposed | 47306.76 | Direct |
| 2006-12-14 | Common Stock, Par Value $1.00 | G | 700 | $0.00 | Disposed | 46606.76 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2006-12-12 | Non-Qualified Stock Option (Right to Buy) | $16.825 | M | 7000 | Disposed | 2012-08-23 | Common Stock, Par Value $1.00 (7000) | Direct |
Footnotes
F1: The exercise and sale of 7,000 shares as reported in this Form 4 were executed pursuant to a sale plan adopted by the reporting person on May 4, 2006, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
F2: The aggregate of 46,606.76 shares listed in Column 5 of Table I includes: (a) 12,800 performance shares previously reported and subject to adjustment; (b) 10,000 restricted shares previously reported and subject to vesting; (c) 10.49 shares acquired through dividend reinvestment in the Harris Corporation 401(k) Retirement Plan from 9/1/06 through 11/15/06; and (d) 13.76 shares acquired through the Harris Corporation Dividend Reinvestment Plan from 9/15/06 through 12/1/06.