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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2010
Aug 31, 2010
29993_dirs_2010-08-31_71d829dc-a196-4bec-8629-fb17ef433257.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: FOX SHELDON J (Group Pres. - Govt. Comms. Sys)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-27 | Common Stock, Par Value $1.00 | A | 5400 | $0.00 | Acquired | 29241.41 | Direct |
| 2010-08-27 | Common Stock, Par Value $1.00 | A | 463 | $0.00 | Acquired | 29704.41 | Direct |
| 2010-08-27 | Common Stock, Par Value $1.00 | F | 843 | $42.87 | Disposed | 28861.41 | 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 | 19400 | Acquired | 2020-08-27 | Common Stock, Par Value $1.00 (19400) | 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 28,861.41 shares listed in Column 5 of Table I includes: (a) 6,000 restricted shares previously reported and subject to vesting; (b) 7,700 performance shares previously reported and subject to adjustment; (c) 17.46 shares acquired through a broker dividend reinvestment program on 6/11/10; and (d) a reduction of a .32 share due to rounding of previous reports of the Harris Corporation 401(k) Retirement Plan's record keeper.
F5: Of the 19,400 shares granted on this 8/27/10 stock option, 6,467 shares are exercisable on 8/27/11, 6,467 shares are exercisable on 8/27/12, and 6,466 shares are exercisable on 8/27/13.