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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2006
Jul 5, 2006
29993_dirs_2006-07-05_dff4f6d6-6011-43ec-9a83-4ba91ac652ba.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: HARRIS CORP /DE/ (HRS)
CIK: 0000202058
Period of Report: 2006-07-01
Reporting Person: PEARSON DANIEL R (Group Pres. - Defense Comms.)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, Par Value $1.00 | 37806.38 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $16.275 | 2013-08-22 | Common Stock, Par Value $1.00 (20000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $16.825 | 2012-08-23 | Common Stock, Par Value $1.00 (20000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $24.00 | 2011-08-27 | Common Stock, Par Value $1.00 (16000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $37.19 | 2012-08-26 | Common Stock, Par Value $1.00 (13000) | Direct | |
| Phantom Stock Units | $0.00 | Common Stock, Par Value $1.00 (2188.41) | Direct |
Footnotes
F1: Aggregate of 37,806.38 shares listed in Column 2 of Table I includes: (a) 15,100 performance shares previously granted and subject to adjustment; (b) 3,000 restricted shares previously granted and subject to vesting; and (c) 1,789.10 shares acquired through the Harris Corporation 401(k) Retirement Plan as of 7/1/06.
F2: Of the 20,000 shares granted on this 8/22/03 stock option, 10,000 shares became exercisable on 8/22/04, 5,000 shares became exercisable on 8/22/05, and 5,000 shares are will become exercisable on 8/22/06.
F3: Of the 16,000 shares granted on this 8/27/04 stock option, 8,000 shares became exercisable on 6/30/05, 4,000 shares will become exercisable on 8/27/06, and 4,000 shares will become exercisable on 8/27/07.
F4: Of the 13,000 shares granted on this 8/26/05 stock option, 6,500 shares became exercisable on 6/30/06, 3,250 shares will become exercisable on 6/30/07, and 3,250 shares will become exercisable on 8/26/08.
F5: Reported phantom stock units acquired under Harris Corporation's Supplemental Executive Retirement Plan and will be settled in cash following the reporting person's retirement, termination of service, or other specified events.
F6: Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.