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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

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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: 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.