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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2006
Aug 29, 2006
29993_dirs_2006-08-29_74f51fc5-af05-4f75-961d-1e8ea44228e3.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: 2006-08-25
Reporting Person: THORSTEINSON TIMOTHY E (President - BCD)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2006-08-25 | Non-Qualified Stock Option (right to buy) | $43.82 | A | 26000 | Acquired | 2013-08-25 | Common Stock, Par Value $1.00 (26000) | Direct |
| 2006-08-25 | Performance Stock Units | $ | A | 6200 | Acquired | Common Stock, Par Value $1.00 (6200) | Direct | |
| 2006-08-25 | Restricted Stock Units | $ | A | 5200 | Acquired | Common Stock, Par Value $1.00 (5200) | Direct |
Footnotes
F1: Of the 26,000 shares granted on this 8/25/06 stock option, 13,000 shares are exercisable on 8/25/07, 6,500 shares are exercisable on 8/25/08, and 6,500 shares are exercisable on 8/25/09.
F2: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 7/1/06.
F3: The 6,200 performance stock units will vest on 7/2/09. Vested shares are subject to adjustment and will be delivered to the reporting person within two and one-half months of vesting.
F4: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F5: The 5,200 restricted stock units granted on 8/25/06 will vest on 8/25/09. Vested shares will be delivered to the reporting person within two and one-half months of vesting.