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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.