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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2006
Aug 29, 2006
29993_dirs_2006-08-29_4517c565-2b7e-46b1-8c38-4523da5c820c.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: PADGETT PAMELA (VP - Investor Relations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 2800 | $0.00 | Acquired | 19627.68 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 4000 | $0.00 | Acquired | 23627.68 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 2000 | $0.00 | Acquired | 25627.68 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | F | 2187 | $43.82 | Disposed | 23440.68 | 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 | 11700 | Acquired | 2013-08-25 | Common Stock, Par Value $1.00 (11700) | 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: Grant of restricted shares pursuant to the Harris Corporation 2005 Equity Incentive Plan. Restrictions on this award will expire on August 25, 2009.
F3: Increase in performance shares previously granted for the performance period starting on 7/1/03 and based upon performance share payout formula.
F4: Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.
F5: Aggregate of 23,440.68 shares listed in Column 5 Table I includes: (a) 5,200 performances shares previously reported and subject to adjustment and (b) 11.55 shares acquired through the Harris Corporation 401(k) Retirement Plan from 7/5/06 through 7/19/06.
F6: Of the 11,700 shares granted on this 8/25/06 stock option, 5,850 shares are exercisable on 8/25/07, 2,925 shares are exercisable on 8/25/08, and 2,925 shares are exercisable on 8/25/09.