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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2008
Oct 3, 2008
29993_dirs_2008-10-03_67cfe1b2-dfb9-4897-a5df-bd052b7e856c.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: 2008-10-01
Reporting Person: HAY LEWIS III (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-10-01 | Phantom Stock Units | $ | A | 551.03 | Acquired | Common Stock, Par Value $1.00 (551.03) | Direct | |
| 2008-10-01 | Phantom Stock Units | $ | A | 528.98 | Acquired | Common Stock, Par Value $1.00 (528.98) | Direct |
Footnotes
F1: Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
F2: The phantom stock units were accrued under the Harris Corporation 2005 Directors' Deferred Compensation Plan. The phantom stock units are to be settled in cash upon the reporting person's retirement or other events. The reporting person may also transfer the phantom stock units into alternative investment accounts in certain other instances if applicable ownership guidelines are satisfied.
F3: The phantom stock units were awarded on October 1, 2008 pursuant to an automatic quarterly grant under the Harris Corporation 2005 Directors' Deferred Compensation Plan. The phantom stock units are to be settled in cash upon the reporting person's retirement or other events. The reporting person may also transfer the phantom stock units into alternative investment accounts in certain other instances if applicable ownership guidelines are satisfied.
F4: The aggregate of 30,132.57 phantom stock units includes: (a) 110.72 phantom stock units acquired through dividend reinvestment in the Harris Corporation Directors' Deferred Compensation Plans on 9/2/08 and (b) an additional 28.23 phantom stock units due to rounding of previous reports of the Plan's record keeper.