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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2008
Aug 26, 2008
29993_dirs_2008-08-26_e30187ce-e869-4141-8571-97cfff6d893b.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: 2008-08-22
Reporting Person: SCHWARTZ LEWIS A (VP, Principal Accting. Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-08-22 | Common Stock, Par Value $1.00 | A | 2900 | $0.00 | Acquired | 15993.86 | Direct |
| 2008-08-22 | Common Stock, Par Value $1.00 | A | 390 | $0.00 | Acquired | 16383.86 | Direct |
| 2008-08-22 | Common Stock, Par Value $1.00 | F | 616 | $51.75 | Disposed | 15767.86 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-08-22 | Non-Qualified Stock Option (Right to Buy) | $51.75 | A | 11700 | Acquired | 2015-08-22 | Common Stock, Par Value $1.00 (11700) | Direct |
Footnotes
F1: Grant of performance shares pursuant to the Harris Corporation 2005 Equity Incentive Plan. Performance shares are subject to future adjustment; performance period starts 6/28/08.
F2: Increase in performance shares granted 8/26/05 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 15,767.86 shares listed in Column 5 of Table I includes: (a) 3,800 performance shares previously reported and subject to adjustment and (b) 3,000 restricted shares previously reported and subject to vesting.
F5: Of the 11,700 shares granted on this 8/22/08 stock option, 5,850 shares are exercisable on 8/22/09, 2,925 shares are exercisable on 8/22/10, and 2,925 shares are exercisable on 8/22/11.