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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2010
Aug 31, 2010
29993_dirs_2010-08-31_93343e97-24ac-4d2e-96c6-b1517168317e.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: 2010-08-28
Reporting Person: LANCE HOWARD L (Director, Chairman, President, and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-28 | Common Stock, Par Value $1.00 | A | 7650 | $0.00 | Acquired | 375040.68 | Direct |
| 2010-08-28 | Common Stock, Par Value $1.00 | F | 13942 | $42.87 | Disposed | 361098.68 | Direct |
| 2010-08-28 | Common Stock, Par Value $1.00 | A | 49800 | $0.00 | Acquired | 410898.68 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-28 | Non-Qualified Stock Option (Right to Buy) | $42.87 | A | 178400 | Acquired | 2020-08-28 | Common Stock, Par Value $1.00 (178400) | Direct |
Footnotes
F1: Increase in performance shares granted 8/27/07 based upon performance share payout formula.
F2: Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.
F3: 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.
F4: Aggregate of 410,898.68 shares listed in Column 5 of Table I includes: (a) 119,000 performance shares previously reported and subject to adjustment; (b) 2.60 shares acquired through the Harris Corporation 401(k) Retirement Plan ("Plan") on 5/27/10; and (d) a reduction of 3.29 shares due to rounding of previous reports of the Plan's record keeper.
F5: Of the 178,400 shares granted on this 8/28/10 stock option, 59,467 shares are exercisable on 8/28/11, 59,467 shares are exercisable on 8/28/12, and 59,466 shares are exercisable on 8/28/13.