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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2010
Aug 31, 2010
29993_dirs_2010-08-31_e7b789b5-6ba0-4d56-b9dd-b2de3ab9109a.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: 2010-08-27
Reporting Person: SCHWARTZ LEWIS A (VP, Principal Accting. Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-27 | Common Stock, Par Value $1.00 | A | 3700 | $0.00 | Acquired | 28600.37 | Direct |
| 2010-08-27 | Common Stock, Par Value $1.00 | A | 500 | $0.00 | Acquired | 29100.37 | Direct |
| 2010-08-27 | Common Stock, Par Value $1.00 | F | 911 | $42.87 | Disposed | 28189.37 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-27 | Non-Qualified Stock Option (Right to Buy) | $42.87 | A | 13100 | Acquired | 2020-08-27 | Common Stock, Par Value $1.00 (13100) | 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 7/3/10.
F2: Increase in performance shares granted 8/24/07 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 28,189.37 shares listed in Column 5 of Table I includes: (a) 5,000 restricted shares previously reported and subject to vesting and (b) 8,000 performance shares previously reported and subject to adjustment.
F5: Of the 13,100 shares granted on this 8/27/10 stock option, 4,367 shares are exercisable on 8/27/11, 4,367 shares are exercisable on 8/27/12, and 4,366 shares are exercisable on 8/27/13.