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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2006
Aug 29, 2006
29993_dirs_2006-08-29_d8284e7d-9948-436f-8ad7-cb0af16f9301.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: LANCE HOWARD L (Director, Chairman, President, and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 37200 | $0.00 | Acquired | 322865.72 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | A | 15000 | $0.00 | Acquired | 337865.72 | Direct |
| 2006-08-25 | Common Stock, Par Value $1.00 | F | 16402 | $43.82 | Disposed | 321463.72 | 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 | 155000 | Acquired | 2013-08-25 | Common Stock, Par Value $1.00 (155000) | 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 321,463.72 shares listed in Column 5 Table I includes 82,000 performances shares previously reported and subject to adjustment.
F5: Of the 155,000 shares granted on this 8/25/06 stock option, 77,500 shares are exercisable on 8/25/07, 38,750 shares are exercisable on 8/25/08, and 38,750 shares are exercisable on 8/25/09.