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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2023
Feb 28, 2023
29993_dirs_2023-02-28_3675f2d9-295d-4371-a906-c68cbe113048.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: 2023-02-24
Reporting Person: MIKUEN SCOTT T (Sr VP-General Counsel & Secy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-24 | Common Stock, Par Value $1.00 | M | 3987 | $0.00 | Acquired | 48763.71 | Direct |
| 2023-02-24 | Common Stock, Par Value $1.00 | F | 971 | $210.15 | Disposed | 47792.71 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-24 | Performance Stock Units | $0.00 | M | 3667 | Disposed | Common Stock, Par Value $1.00 (3667) | Direct | |
| 2023-02-24 | Non-Qualified Stock Option (Right to Buy) | $210.15 | A | 7755 | Acquired | 2033-02-24 | Common Stock, Par Value $1.00 (7755) | Direct |
| 2023-02-24 | Restricted Stock Units | $0.00 | A | 2023 | Acquired | Common Stock, Par Value $1.00 (2023) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, Par Value $1.00 | 8971 | Indirect |
Footnotes
F1: Settlement of performance stock units granted on 2/28/2020 (previously reported) in shares of common stock following the end of the 3-year performance period. Includes 320 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula.
F2: Includes 42.15 shares acquired through the Issuer's retirement plan since last reported by the reporting person based on information provided by the plan's administrator as of 12/31/2022.
F3: Shares withheld by the Issuer to pay tax liability on the settlement of performance stock units.
F4: Award of performance stock units that vested on 12/30/2022 following the end of the 3-year performance period and were settled in shares of common stock on 2/24/2023 based on the performance stock unit payout formula.
F5: Options to purchase shares of common stock generally vest ratably on 2/24/2024, 2/24/2025, and 2/24/2026 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
F6: Award of restricted stock units subject to future vesting on 2/24/2026, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to receive 1 share of common stock, with vested units settled in shares common stock. Does not include performance stock units granted on 2/24/2023, which vest solely upon achievement of pre-established performance goals over a 3 year performance period.