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L3HARRIS TECHNOLOGIES, INC. /DE/ Director's Dealing 2013

Aug 27, 2013

29993_dirs_2013-08-27_34aecc55-9476-4be2-9a62-2c255a5b60d6.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: 2013-08-23

Reporting Person: MIKUEN SCOTT T (Sr VP-General Counsel & Secy)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-08-23 Common Stock, Par Value $1.00 D 3585 $0.00 Disposed 19569.63 Direct
2013-08-23 Common Stock, Par Value $1.00 F 888 $56.97 Disposed 18681.63 Direct
2013-08-26 Common Stock, Par Value $1.00 M 900 $0.00 Acquired 19581.63 Direct
2013-08-26 Common Stock, Par Value $1.00 F 378 $57.02 Disposed 19203.63 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-08-23 Non-Qualified Stock Option (Right to Buy) $56.97 A 40000 Acquired 2023-08-23 Common Stock, Par Value $1.00 (40000) Direct
2013-08-23 Performance Stock Units $0.00 A 8900 Acquired Common Stock, Par Value $1.00 (8900) Direct
2013-08-23 Restricted Stock Units $0.00 A 1500 Acquired Common Stock, Par Value $1.00 (1500) Direct
2013-08-26 Restricted Stock Units $0.00 M 900 Disposed Common Stock, Par Value $1.00 (900) Direct

Footnotes

F1: Decrease in performance shares granted 8/27/10 based upon performance share payout formula.

F2: Shares withheld by company to pay tax liability on vesting of performance shares previously awarded.

F3: Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock. The 900 restricted stock units granted on 8/26/11 were vested and paid in shares of common stock on 8/26/13. The grant was previously reported.

F4: Shares withheld by company to pay tax liability on vesting of restricted stock units previously awarded.

F5: Aggregate of 19,203.63 shares listed in Column 5 of Table I includes: (a) 63.01 shares acquired through the Harris Corporation 401(k) Retirement Plan from 11/20/12 through 5/29/13 and (b) 10.48 shares acquired through the Harris Corporation Dividend Reinvestment Plan from 3/20/13 through 6/19/13.

F6: Of the 40,000 shares granted on this 8/23/13 stock option, 13,334 shares are exercisable on 8/23/14, 13,333 shares are exercisable on 8/23/15, and 13,333 shares are exercisable on 8/23/16.

F7: Each performance stock unit represents a contingent right to one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 6/29/13. The 8,900 performance stock units will vest on 7/1/16. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.

F8: Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. The 1,500 restricted stock units vest on 8/23/16.