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

Aug 27, 2013

29993_dirs_2013-08-27_e6d82d10-4893-49b5-9cc4-4c468375c05f.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: MCARTHUR GARY L (Sr. VP & Chief Financial Off.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-08-23 Common Stock, Par Value $1.00 D 8051 $0.00 Disposed 55147.39 Direct
2013-08-23 Common Stock, Par Value $1.00 F 1993 $56.97 Disposed 53154.39 Direct
2013-08-26 Common Stock, Par Value $1.00 M 1800 $0.00 Acquired 54954.39 Direct
2013-08-26 Common Stock, Par Value $1.00 F 756 $57.02 Disposed 54198.39 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 66700 Acquired 2023-08-23 Common Stock, Par Value $1.00 (66700) Direct
2013-08-23 Performance Stock Units $0.00 A 14800 Acquired Common Stock, Par Value $1.00 (14800) Direct
2013-08-26 Restricted Stock Units $0.00 M 1800 Disposed Common Stock, Par Value $1.00 (1800) 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 1,800 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 54,198.39 shares listed in Column 5 of Table I includes: (a) 59.37 shares acquired through the Harris Corporation 401(k) Retirement Plan from 11/20/12 through 5/29/13; and (b) a .39 share acquired through the Harris Corporation Dividend Reinvestment Plan from 12/7/12 through 6/19/13.

F6: Of the 66,700 shares granted on this 8/23/13 stock option, 22,234 shares are exercisable on 8/23/14, 22,233 shares are exercisable on 8/23/15, and 22,233 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 14,800 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.