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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2009
Jul 2, 2009
29993_dirs_2009-07-02_b0b4ff44-d512-49e6-a7bc-582d44f4bad7.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: 2009-07-01
Reporting Person: DATTILO THOMAS A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-07-01 | Phantom Stock Units | $ | A | 880.34 | Acquired | Common Stock, Par Value $1.00 (880.34) | Direct | |
| 2009-07-01 | Phantom Stock Units | $ | A | 905.98 | Acquired | Common Stock, Par Value $1.00 (905.98) | 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 July 1, 2009 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 21,917.05 phantom stock units includes: (a) 830.01 units acquired pursuant to an adjustment to the number of outstanding phantom units as a result of a reinvestment into phantom stock units of the value related to the spin-off dividend distribution of the Issuer's Harris Stratex Networks, Inc. subsidiary on 5/27/09 and (b) 129.04 units acquired through dividend reinvestment in the Harris Corporation Directors' Deferred Compensation Plans on 5/28/09.