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L3HARRIS TECHNOLOGIES, INC. /DE/ Director's Dealing 2008

Jul 9, 2008

29993_dirs_2008-07-09_12a0062f-a3eb-4175-bc57-44dae8ce6597.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: 2008-06-30

Reporting Person: MEHNERT DANA A (President, RF Communications)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, Par Value $1.00 19801.37 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Non-Qualified Stock Option (Right to Buy) $37.19 2012-08-26 Common Stock, Par Value $1.00 (2225) Direct
Non-Qualified Stock Option (Right to Buy) $43.82 2013-08-25 Common Stock, Par Value $1.00 (5850) Direct
Non-Qualified Stock Option (Right to Buy) $58.95 2014-08-24 Common Stock, Par Value $1.00 (11250) Direct
Phantom Stock Units $0.00 Common Stock, Par Value $1.00 (1151.47) Direct

Footnotes

F1: Aggregate of 19,801.37 shares listed in Column 2 of Table I includes: (a) 7,150 performance shares previously reported and subject to adjustment; (b) 3,000 restricted shares previously reported and subject to vesting; and (c) 3,679.37 shares acquired through the Harris Corporation 401(k) Retirement Plan as of 6/30/08.

F2: Of the 8,900 shares granted on this 8/26/05 stock option, 4,450 shares are exercisable on 6/30/06, 2,225 shares are exercisable on 6/30/07, and 2,225 shares are exercisable on 8/26/08.

F3: Of the 11,700 shares granted on this 8/25/06 stock option, 5,850 shares are exercisable on 8/25/07, 2,925 shares are exercisable on 8/25/08, and 2,925 shares are exercisable on 8/25/09.

F4: Of the 11,250 shares granted on this 8/24/07 stock option, 5,626 shares are exercisable on 8/24/08, 2,812 shares are exercisable on 8/24/09, and 2,812 shares are exercisable on 8/24/10.

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. Phantom stock units may be transferred by the reporting person into alternative investment accounts in certain circumstances following a holding period.

F6: Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.