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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2010
Aug 31, 2010
29993_dirs_2010-08-31_e0a40168-42ee-410e-8544-ad8c00bc0d73.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: PEARSON DANIEL R (Exec. VP and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-27 | Common Stock, Par Value $1.00 | A | 11200 | $0.00 | Acquired | 81210.58 | Direct |
| 2010-08-27 | Common Stock, Par Value $1.00 | A | 1050 | $0.00 | Acquired | 82260.58 | Direct |
| 2010-08-27 | Common Stock, Par Value $1.00 | F | 1914 | $42.87 | Disposed | 80346.58 | 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 | 40000 | Acquired | 2020-08-27 | Common Stock, Par Value $1.00 (40000) | 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 80,346.58 shares listed in Column 5 of Table I includes: (a) 14,000 restricted shares previously reported and subject to vesting; (b) 21,900 performance shares previously reported and subject to adjustment; and (c) a .64 share acquired through the Harris Corporation Dividend Reinvestment Plan from 12/4/10 to 6/11/10.
F5: Of the 40,000 shares granted on this 8/27/10 stock option, 13,334 shares are exercisable on 8/27/11, 13,333 shares are exercisable on 8/27/12, and 13,333 shares are exercisable on 8/27/13.