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

Jun 4, 2010

29993_dirs_2010-06-04_2e1f9801-1d62-4e34-9ab7-a02999800004.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HARRIS CORP /DE/ (HRS)
CIK: 0000202058
Period of Report: 2010-06-01

Reporting Person: FOX SHELDON J (Group Pres. - Govt. Comms. Sys)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, Par Value $1.00 23824.27 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Non-Qualified Stock Option (Right to Buy) $16.66 2013-09-17 Common Stock, Par Value $1.00 (6342) Direct
Non-Qualified Stock Option (Right to Buy) $22.71 2011-08-27 Common Stock, Par Value $1.00 (4650) Direct
Non-Qualified Stock Option (Right to Buy) $35.19 2012-08-26 Common Stock, Par Value $1.00 (2853) Direct
Non-Qualified Stock Option (Right to Buy) $41.46 2013-08-25 Common Stock, Par Value $1.00 (6976) Direct
Non-Qualified Stock Option (Right to Buy) $55.78 2014-08-24 Common Stock, Par Value $1.00 (9724) Direct
Non-Qualified Stock Option (Right to Buy) $48.96 2015-08-22 Common Stock, Par Value $1.00 (11891) Direct
Non-Qualified Stock Option (Right to Buy) $35.04 2019-08-28 Common Stock, Par Value $1.00 (17700) Direct
Phantom Stock Units $ Common Stock, Par Value $1.00 (412.96) Direct

Footnotes

F1: Aggregate of 23,824.27 shares listed in Column 2 of Table I includes: (a) 9,550 performance shares which are subject to adjustment; (b) 6,000 restricted shares granted on 8/28/09 and subject to vesting on 8/28/12; and (c) 3,387.12 shares acquired through the Harris Corporation 401(k) Retirement Plan as of 6/1/10.

F2: Of the 9,724 shares granted on this 8/24/07 stock option, 4,862 shares are exercisable on 8/24/08, 2,431 shares are exercisable on 8/24/09, and 2,431 shares are exercisable on 8/24/10.

F3: Of the 11,891 shares granted on this 8/22/08 stock option, 5,946 shares are exercisable on 8/22/09, 2,973 shares are exercisable on 8/22/10, and 2,972 shares are exercisable on 8/22/11.

F4: Of the 17,700 shares granted on this 8/28/09 stock option, 5,900 shares are exercisable on 8/28/10, 5,900 shares are exercisable on 8/28/11, and 5,900 shares are exercisable on 8/28/12.

F5: Reported phantom stock units acquired under Harris Corporation's Supplemental Executive Retirement Plan and will be settled in cash following the reporting person's retirement, termination of service, or other specified events. Phantom stock units may be transferred by the reporting person into alternative investment accounts at any time.

F6: Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.