AI assistant
L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2006
Aug 29, 2006
29993_dirs_2006-08-29_d026ea9a-5d77-4a15-88fe-e7fa759eb736.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HARRIS CORP /DE/ (HRS)
CIK: 0000202058
Period of Report: 2006-08-25
Reporting Person: WENSINGER JEREMY C (Group Pres.-Int. Sys. & Serv.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 4300 | $0.00 | Acquired | 35200.62 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 2000 | $0.00 | Acquired | 37200.62 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | F | 2187 | $43.82 | Disposed | 35013.62 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2006-08-25 | Non-Qualifed Stock Option (right to buy) | $43.82 | A | 17700 | Acquired | 2013-08-25 | Common Stock, Par Value $1.00 (17700) | Direct |
Footnotes
F1: Grant of performance shares pursuant to the Harris Corporation 2005 Equity Stock Incentive Plan. Performance shares are subject to future adjustment; performance period starts 7/1/06.
F2: Increase in performance shares previously granted for the performance period starting on 7/1/03 and based upon performance share payout formula.
F3: Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.
F4: Aggregate of 35,013.62 shares listed in Column 5 Table I includes: (a) 14,100 performances shares previously reported and subject to adjustment; (b) 10,000 restricted shares previously reported and subject to vesting; (c) 95.12 shares acquired through the Harris Corporation 401(k) Retirement Plan from 8/2/05 through 8/5/06; (d) 8.73 shares acquired through the Harris Corporation Dividend Reinvestment Plan from 9/16/05 through 6/14/06; and (e) a reduction of a .93 share due to "rounding" of previous reports by the Plan's record keeper.
F5: Of the 17,700 shares granted on this 8/25/06 stock option, 8,850 shares are exercisable on 8/25/07, 4,425 shares are exercisable on 8/25/08, and 4,425 shares are exercisable on 8/25/09.