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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2013
Feb 5, 2013
29993_dirs_2013-02-05_c7a64a4e-9b4c-4639-9c36-74ee26f7c9ec.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: 2013-02-01
Reporting Person: MORRIS JAMES D (Group Pres., Int. Network Sol.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-01 | Non-Qualified Stock Option (Right to Buy) | $46.28 | A | 86100 | Acquired | 2023-02-01 | Common Stock, Par Value $1.00 (86100) | Direct |
| 2013-02-01 | Performance Stock Units | $0.00 | A | 11300 | Acquired | Common Stock, Par Value $1.00 (11300) | Direct | |
| 2013-02-01 | Restricted Stock Units | $0.00 | A | 51600 | Acquired | Common Stock, Par Value $1.00 (51600) | Direct |
Footnotes
F1: Of the 86,100 shares granted on this 2/1/13 stock option, 28,700 shares are exercisable on 2/1/14, 28,700 shares are exercisable on 2/1/15, and 28,700 shares are exercisable on 2/1/16.
F2: 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 6/30/12. The 11,300 performance stock units will vest on 7/3/15. Vested shares are subject to future adjustment and, if earned based on performance, will be delivered to the reporting person within two and one-half months of vesting.
F3: Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. Of the 51,600 units granted on this 2/1/13 restricted stock units award, 17,200 units vest on 2/1/14, 17,200 units vest on 2/1/15, and 17,200 units vest on 2/1/16.