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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.