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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2018
Feb 26, 2018
29993_dirs_2018-02-26_b3502ab9-2a84-418a-b42b-e0f5985b0e5e.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: 2018-02-22
Reporting Person: MIKUEN SCOTT T (Sr VP-General Counsel & Secy)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-22 | Non-Qualified Stock Option (Right to Buy) | $79.70 | A | 28860 | Acquired | 2025-06-01 | Common Stock, Par Value $1.00 (28860) | Direct |
Footnotes
F1: On June 1, 2015, the reporting person was granted an option to purchase shares of common stock with vesting contingent upon (1) continuing employment through June 1, 2018, and (2) a performance condition of the achievement of full-year run rate net synergies from the Exelis Inc. acquisition. The performance condition was satisfied. As a result, on June 1, 2018, options to acquire 28,860 shares of common stock will vest. This represents 200% of the target number of options to purchase shares of common stock as the performance condition was satisfied above 133% of target full-year run rate net synergies.