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

Jul 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)
CIK: 0000202058
Period of Report: 2019-06-29

Reporting Person: MIKUEN SCOTT T (Sr VP-General Counsel & Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-29	Common Stock, Par Value $1.00	M	6135	$0.00	Acquired	53506.72	Direct
2019-06-29	Common Stock, Par Value $1.00	A	3540	$0.00	Acquired	57046.72	Direct
2019-06-29	Common Stock, Par Value $1.00	F	3015	$189.13	Disposed	54031.72	Direct
2019-06-29	Common Stock, Par Value $1.00	M	4941	$0.00	Acquired	58972.72	Direct
2019-06-29	Common Stock, Par Value $1.00	A	3518	$0.00	Acquired	62490.72	Direct
2019-06-29	Common Stock, Par Value $1.00	F	3329	$189.13	Disposed	59161.72	Direct
2019-06-29	Common Stock, Par Value $1.00	M	3980	$0.00	Acquired	63141.72	Direct
2019-06-29	Common Stock, Par Value $1.00	A	2770	$0.00	Acquired	65911.72	Direct
2019-06-29	Common Stock, Par Value $1.00	F	2657	$189.13	Disposed	63254.72	Direct
2019-06-29	Common Stock, Par Value $1.00	M	2471	$0.00	Acquired	65725.72	Direct
2019-06-29	Common Stock, Par Value $1.00	F	947	$189.13	Disposed	64778.72	Direct
2019-06-29	Common Stock, Par Value $1.00	M	1990	$0.00	Acquired	66768.72	Direct
2019-06-29	Common Stock, Par Value $1.00	F	784	$189.13	Disposed	65984.72	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-29	Performance Stock Units	$0.00	M	6135	Disposed		Common Stock, Par Value $1.00 (6135)	Direct
2019-06-29	Performance Stock Units	$0.00	M	4941	Disposed		Common Stock, Par Value $1.00 (4941)	Direct
2019-06-29	Performance Stock Units	$0.00	M	3980	Disposed		Common Stock, Par Value $1.00 (3980)	Direct
2019-06-29	Restricted Stock Units	$0.00	M	2471	Disposed		Common Stock, Par Value $1.00 (2471)	Direct
2019-06-29	Restricted Stock Units	$0.00	M	1990	Disposed		Common Stock, Par Value $1.00 (1990)	Direct

Footnotes

F1: The 6,135 performance stock units were awarded on August 26, 2016 (previously reported) and vested at the end of the three-year fiscal performance period on June 28, 2019.

F2: Settlement in shares of common stock of additional performance stock units from award described in footnote 1 that vested based on the performance determination.

F3: Shares withheld by Issuer to pay tax liability on vesting of performance stock units.

F4: The 4,941 performance stock units were awarded on August 25, 2017 (previously reported) and were initially scheduled to vest at the end of the three-year fiscal performance period on July 3, 2020. On June 29, 2019, the merger (the "Merger") of Leopard Merger Sub Inc., a subsidiary of the Issuer, with and into L3 Technologies, Inc. pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 12, 2018, was completed. On completion of the Merger, any vesting conditions applicable to performance stock units, automatically were deemed satisfied and accelerated in full with respect to a number of shares of the Issuer's common stock based on the greater of target and the actual level of performance through the effective time of the Merger (as determined by the compensation committee of the Board of the Issuer), with each earned performance stock unit settled in one share of the Issuer's common stock.

F5: Settlement in shares of common stock of additional performance stock units from award described in footnote 4 that vested based on the performance determination.

F6: The 3,980 performance stock units were awarded on August 24, 2018 (previously reported) and were initially scheduled to vest at the end of the three-year fiscal performance period ending July 2, 2021. On completion of the Merger, any vesting conditions applicable to performance stock units, automatically were deemed satisfied and accelerated in full with respect to a number of shares of the Issuer's common stock based on the greater of target and the actual level of performance through the effective time of the Merger (as determined by the compensation committee of the Board of the Issuer), with each earned performance stock unit settled in one share of the Issuer's common stock.

F7: Settlement in shares of common stock of additional performance stock units from award described in footnote 6 that vested based on the performance determination.

F8: The restricted stock units were awarded on August 25, 2017 (previously reported). Pursuant to the Merger Agreement, upon completion of the Merger, any vesting conditions applicable to each outstanding restricted stock unit, automatically and without any action on the part of the Reporting Person, were deemed satisfied and accelerated in full with each restricted stock unit settled in one share of the Issuer's common stock upon successful completion of the Merger.

F9: Shares withheld by Issuer to pay tax liability on vesting of restricted stock units.

F10: The restricted stock units were awarded on August 24, 2018 (previously reported). Pursuant to the Merger Agreement, on completion of the Merger, any vesting conditions applicable to each outstanding restricted stock unit, automatically were deemed satisfied and accelerated in full with each restricted stock unit settled in one share of the Issuer's common stock.

F11: Includes 116.14 shares acquired through the Harris Corporation 401(k) Retirement Plan from 9/6/18 through 5/16/19 and 12.87 shares acquired through the Harris Corporation Dividend Reinvestment Plan from 9/21/18 through 6/4/19.