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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.