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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.