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

Aug 27, 2013

29993_dirs_2013-08-27_2dab7c86-30df-4bd4-ac5a-55fac830ad31.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: SCHWARTZ LEWIS A (VP, Principal Accting. Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-08-23 Common Stock, Par Value $1.00 D 1362 $0.00 Disposed 18552.74 Direct
2013-08-23 Common Stock, Par Value $1.00 F 981 $56.97 Disposed 17571.74 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 16900 Acquired 2023-08-23 Common Stock, Par Value $1.00 (16900) Direct
2013-08-23 Performance Stock Units $0.00 A 3800 Acquired Common Stock, Par Value $1.00 (3800) 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: Of the 16,900 shares granted on this 8/23/13 stock option, 5,634 shares are exercisable on 8/23/14, 5,633 shares are exercisable on 8/23/15, and 5,633 shares are exercisable on 8/23/16.

F4: 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 3,800 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.