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L3HARRIS TECHNOLOGIES, INC. /DE/ Director's Dealing 2018

Oct 2, 2018

29993_dirs_2018-10-02_ad5644f0-dfd8-45e1-9793-9956010c7dac.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: 2018-09-28

Reporting Person: Young Christopher D. (Former Pres., Comm. Systems)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-09-28 Common Stock, Par Value $1.00 M 531 $0.00 Acquired 1817.38 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-09-28 Restricted Stock Units $0.00 D 929 Disposed Common Stock, Par Value $1.00 (929) Direct
2018-09-28 Restricted Stock Units $0.00 M 531 Disposed Common Stock, Par Value $1.00 (531) Direct
2018-09-28 Restricted Stock Units $0.00 D 1078 Disposed Common Stock, Par Value $1.00 (1078) Direct
2018-09-28 Performance Stock Units $0.00 D 921 Disposed Common Stock, Par Value $1.00 (921) Direct
2018-09-28 Performance Stock Units $0.00 D 1713 Disposed Common Stock, Par Value $1.00 (1713) Direct
2018-09-28 Performance Stock Units $0.00 D 2156 Disposed Common Stock, Par Value $1.00 (2156) Direct

Footnotes

F1: Prorated vesting of restricted stock units from award described in note (2) below. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)

F2: Of 1,490 restricted stock units awarded on 8/25/2017 (previously reported and originally scheduled to vest on 8/25/2020), upon termination of the reporting person's employment on 9/28/2018, 929 were forfeited and 531 vested due to proration for service. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)

F3: Of 1,078 restricted stock units awarded on 8/24/2018 (previously reported and originally scheduled to vest on 8/24/2021), upon termination of the reporting person's employment on 9/28/2018, all were forfeited. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)

F4: Of 3,680 performance stock units awarded on 8/26/2016 (previously reported and scheduled to vest at end of 3-fiscal-year performance period on 6/28/2019), upon termination of the reporting person's employment on 9/28/2018, 921 were forfeited and 2,759 were prorated for service (and remain subject to future vesting and also subject to future adjustment based on award payout formula). (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)

F5: Of 2,920 performance stock units awarded on 8/25/2017 (previously reported and scheduled to vest at end of 3-fiscal-year performance period on 7/3/2020), upon termination of the reporting person's employment on 9/28/2018, 1,713 were forfeited and 1,207 were prorated for service (and remain subject to future vesting and also subject to future adjustment based on award payout formula). (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)

F6: Of 2,156 performance stock units awarded on 8/24/2018 (previously reported and scheduled to vest at end of 3-fiscal-year performance period on 7/2/2021), upon termination of the reporting person's employment on 9/28/2018, all were forfeited. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)