Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

L3HARRIS TECHNOLOGIES, INC. /DE/ Director's Dealing 2019

Aug 5, 2019

29993_dirs_2019-08-05_c5ebbb2e-d82a-4b52-a58e-a38a4ed029a8.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)
CIK: 0000202058
Period of Report: 2019-08-01

Reporting Person: MEHNERT DANA A (Segment President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-08-01 Non-Qualified Stock Option (Right to Buy) $204.85 A 34707 Acquired 2029-08-01 Common Stock, Par Value $1.00 (34707) Direct
2019-08-01 Performance Stock Units $0.00 A 3222 Acquired Common Stock, Par Value $1.00 (3222) Direct
2019-08-01 Restricted Stock Units $0.00 A 3906 Acquired Common Stock, Par Value 1.00 (3906) Direct

Footnotes

F1: Grant of options to purchase shares of Issuer's common stock subject to future vesting on 6/29/2022 contingent on (1) continuing employment through that date (with certain exceptions) and (2) achievement by 12/31/2021 of a threshold level for full-year run rate gross synergies from the merger that established L3Harris Technologies, Inc. (the "L3Harris Merger").

F2: Award of performance stock units subject to future vesting on 6/29/2022 and future adjustment, in each case, based on award payout formula that measures achievement by 12/31/2021 of a target level (with a minimum threshold) for full-year run rate gross synergies from the L3Harris Merger, with an upward or downward modifier for cumulative earnings per share performance relative to a target. Each performance stock unit represents a contingent right to 1 share of Issuer's common stock, with vested units settled in shares of Issuer's common stock.

F3: Award of restricted stock units subject to future vesting on 8/1/2022. Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock, with vested units settled in shares of Issuer's common stock.