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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.