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L3HARRIS TECHNOLOGIES, INC. /DE/ Director's Dealing 2010

Aug 31, 2010

29993_dirs_2010-08-31_bffa7eda-a05d-41c6-8312-82117937fb4e.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: MEHNERT DANA A (Group Pres., RF Communications)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-27 Common Stock, Par Value $1.00 A 9400 $0.00 Acquired 54334.15 Direct
2010-08-27 Common Stock, Par Value $1.00 A 563 $0.00 Acquired 54897.15 Direct
2010-08-27 Common Stock, Par Value $1.00 F 1300 $42.87 Disposed 53597.15 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 33700 Acquired 2020-08-27 Common Stock, Par Value $1.00 (33700) 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 53,597.15 shares listed in Column 5 of Table I includes: (a) 9,000 restricted shares previously reported and subject to vesting and (b) 18,600 performance shares previously reported and subject to adjustment.

F5: Of the 33,700 shares granted on this 8/27/10 stock option, 11,234 shares are exercisable on 8/27/11, 11,233 shares are exercisable on 8/27/12, and 11,233 shares are exercisable on 8/27/13.