AI assistant
L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2008
Aug 26, 2008
29993_dirs_2008-08-26_de77292a-2d2f-46ce-b3d5-62fa218e3350.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HARRIS CORP /DE/ (HRS)
CIK: 0000202058
Period of Report: 2008-08-22
Reporting Person: HENRY ROBERT K (Exec. VP and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-08-22 | Common Stock, Par Value $1.00 | A | 3450 | $0.00 | Acquired | 62531.09 | Direct |
| 2008-08-22 | Common Stock, Par Value $1.00 | F | 5450 | $51.75 | Disposed | 57081.09 | 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 | 108400 | Acquired | 2015-08-22 | Common Stock, Par Value $1.00 (108400) | Direct |
Footnotes
F1: Increase in performance shares granted 8/26/05 based upon performance share payout formula.
F2: Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.
F3: Aggregate of 57,081.09 shares listed in Column 5 of Table I includes: (a) 22,000 performance shares previously reported and subject to adjustment; (b) 3.54 shares acquired through the Harris Corporation 401(k) Retirement Plan on 5/28/08; and (c) a reduction of 2.42 shares due to rounding of previous reports of the Plan's record keeper.
F4: Of the 108,400 shares granted on this 8/22/08 stock option, 54,200 shares are exercisable on 8/22/09, 27,100 shares are exercisable on 8/22/10, and 27,100 shares are exercisable on 8/22/11.