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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2018
Apr 11, 2018
29993_dirs_2018-04-11_59a0353a-c1e2-47c4-aec4-38b80cef1106.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: 2018-03-05
Reporting Person: Young Christopher D. (President, Communication Sys.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-05 | Common Stock, Par Value $1.00 | M | 2475 | — | Acquired | 44859.45 | Direct |
| 2018-03-05 | Common Stock, Par Value $1.00 | D | 2475 | $154.26 | Disposed | 42384.45 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-05 | Restricted Stock Units | $0.00 | M | 2475 | Disposed | Common Stock, Par Value $1.00 (2475) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive the cash value of one share of the Issuer's common stock. These restricted stock units pay out in cash in three installments: 2,476 units vested on 3/5/16, an additional 2,476 units vested on 3/5/17, and the remaining 2,475 units vested on 3/5/18. This grant was previously reported.
F2: The 2,475 shares were paid out in cash on the March 5, 2018 vest date at the closing price of $154.26.
F3: Aggregate of 42,384.45 shares listed in Column 5 of Table I includes: (a) 37,830 restricted shares previously reported and (b) 23.10 shares acquired through the Harris Corporation 401(k) Retirement Plan from 9/7/17 through 2/28/18.