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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2018
Aug 28, 2018
29993_dirs_2018-08-28_a970ad1a-a3b3-4a3a-babc-61379bff2c94.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: 2018-08-24
Reporting Person: GATTLE WILLIAM H (President, Space and Intel Sys)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-24 | Common Stock, Par Value $1.00 | M | 3155 | $0.00 | Acquired | 7767.34 | Direct |
| 2018-08-24 | Common Stock, Par Value $1.00 | A | 63 | $0.00 | Acquired | 7830.34 | Direct |
| 2018-08-24 | Common Stock, Par Value $1.00 | F | 1267 | $163.23 | Disposed | 6563.34 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-24 | Performance Stock Units | $0.00 | M | 3155 | Disposed | Common Stock, Par Value $1.00 (3155) | Direct | |
| 2018-08-24 | Performance Stock Units | $0.00 | A | 2985 | Acquired | Common Stock, Par Value $1.00 (2985) | Direct | |
| 2018-08-24 | Restricted Stock Units | $0.00 | A | 1493 | Acquired | Common Stock, Par Value $1.00 (1493) | Direct | |
| 2018-08-24 | Non-Qualified Stock Option (Right to Buy) | $163.23 | A | 7724 | Acquired | 2028-08-24 | Common Stock, Par Value $1.00 (7724) | Direct |
Footnotes
F1: Settlement in shares of common stock of performance stock units awarded on 8/28/2015 (previously reported) that vested at end of 3-fiscal-year performance period on 6/29/2018. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
F2: Settlement in shares of common stock of additional performance stock units from award described in note (1) above that vested based on award payout formula.
F3: Shares withheld by Issuer to pay tax liability on vesting of performance stock units previously awarded.
F4: Aggregate of shares listed includes 47.34 shares acquired through Harris Corporation 401(k) Retirement Plan from 2/14/18 through 6/6/18.
F5: Award of performance stock units subject to future vesting on 7/2/2021 in respect of 3-fiscal-year performance period that started 6/30/2018 and also subject to future adjustment based on award payout formula, with vested units to be settled in shares of common stock within 2.5 months of vesting. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
F6: Award of restricted stock units subject to future vesting on 8/24/2021. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)
F7: Aggregate number of options vests and becomes exercisable as follows: 2,575 on first anniversary of grant date, additional 2,575 on second anniversary of grant date and remaining 2,574 on third anniversary of grant date.