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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2022
Jul 1, 2022
29993_dirs_2022-07-01_df68ba5c-8373-49f4-8895-1c5451968aa3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)
CIK: 0000202058
Period of Report: 2022-06-29
Reporting Person: Brown William M (Director, Executive Chair)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-29 | Common Stock, Par Value $1.00 | M | 48820 | $0.00 | Acquired | 257526.19 | Direct |
| 2022-06-29 | Common Stock, Par Value $1.00 | F | 19211 | $237.81 | Disposed | 238315.19 | Direct |
| 2022-06-29 | Common Stock, Par Value $1.00 | M | 12960 | $0.00 | Acquired | 251275.19 | Direct |
| 2022-06-29 | Common Stock, Par Value $1.00 | F | 5100 | $237.81 | Disposed | 246175.19 | Direct |
| 2022-06-29 | Common Stock, Par Value $1.00 | M | 15118 | $0.00 | Acquired | 261293.19 | Direct |
| 2022-06-29 | Common Stock, Par Value $1.00 | F | 5949 | $237.81 | Disposed | 255344.19 | Direct |
| 2022-06-29 | Common Stock, Par Value $1.00 | M | 6157 | $0.00 | Acquired | 261501.19 | Direct |
| 2022-06-29 | Common Stock, Par Value $1.00 | F | 2423 | $237.81 | Disposed | 259078.19 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-29 | Performance Stock Units | $0.00 | M | 48820 | Disposed | Common Stock, Par Value $1.00 (48820) | Direct | |
| 2022-06-29 | Restricted Stock Units | $0.00 | M | 12960 | Disposed | Common Stock, Par Value $1.00 (12960) | Direct | |
| 2022-06-29 | Restricted Stock Units | $0.00 | M | 15118 | Disposed | Common Stock, Par Value $1.00 (15118) | Direct | |
| 2022-06-29 | Restricted Stock Units | $0.00 | M | 6157 | Disposed | Common Stock, Par Value $1.00 (6157) | Direct |
Footnotes
F1: Settlement in shares of common stock of performance stock units awarded on 8/1/2019 (previously reported) that vested at the end of the 3-year performance period and the satisfaction of the reporting person's required service period through 6/29/2022. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
F2: Shares withheld by Issuer to pay tax liability on vesting of performance stock units previously awarded.
F3: The restricted stock units were awarded on February 28, 2020 (previously reported). Pursuant to the Employment Agreement Amendment dated October 12, 2018, (the "Employment Agreement") the restricted stock units fully vested upon reporting persons retirement on June 29, 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.
F4: Shares withheld by Issuer to pay tax liability on vesting of restricted stock units previously awarded.
F5: The restricted stock units were awarded on February 26, 2021 (previously reported). Pursuant to the Employment Agreement the restricted stock units fully vested upon reporting persons retirement on June 29, 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.
F6: The restricted stock units were awarded on February 25, 2022 (previously reported). Pursuant to the Employment Agreement the restricted stock units fully vested upon reporting persons retirement on June 29, 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.
F7: Includes 91.82 shares acquired through Issuer's retirement plan for quarters ended 10/1/2021, 12/31/2021 and 4/1/2022 and an increase of 0.09 to the balance in the plan due to rounding by the plan's record keeper.