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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2006
Aug 29, 2006
29993_dirs_2006-08-29_c23fd233-bab2-454d-bf7b-9d7ae3d17266.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: MCARTHUR GARY L (VP and Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 7400 | $0.00 | Acquired | 47469.51 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 2000 | $0.00 | Acquired | 49469.51 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | F | 2187 | $43.82 | Disposed | 47282.51 | 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 | 31000 | Acquired | 2013-08-25 | Common Stock, Par Value $1.00 (31000) | 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 47,282.51 shares listed in Column 5 Table I includes: (a) 12,800 performances shares previously reported and subject to adjustment and (b) 10,000 restricted shares previously reported and subject to vesting.
F5: Of the 31,000 shares granted on this 8/25/06 stock option, 15,500 shares are exercisable on 8/25/07, 7,750 shares are exercisable on 8/25/08, and 7,750 shares are exercisable on 8/25/09.