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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2024
Feb 27, 2024
29993_dirs_2024-02-27_54a9c6a9-1f2b-4d43-bc7d-1dd1728f8a20.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: 2024-02-23
Reporting Person: Rakita Melanie (Vice President & CHRO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-23 | Common Stock, Par Value $1.00 | M | 792 | — | Acquired | 2880 | Direct |
| 2024-02-23 | Common Stock, Par Value $1.00 | F | 213 | $214.45 | Disposed | 2667 | Direct |
| 2024-02-26 | Common Stock, Par Value $1.00 | M | 378 | — | Acquired | 3045 | Direct |
| 2024-02-26 | Common Stock, Par Value $1.00 | F | 93 | $211.74 | Disposed | 2952 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-23 | Non-Qualified Stock Option (Right to Buy) | $214.45 | A | 5609 | Acquired | 2034-02-23 | Common Stock Par Value $1.00 (5609) | Direct |
| 2024-02-23 | Restricted Stock Units | $0 | A | 1341 | Acquired | Common Stock Par Value $1.00 (1341) | Direct | |
| 2024-02-26 | Restricted Stock Units | $0 | M | 378 | Disposed | Common Stock, Par Value $1.00 (378) | Direct |
Footnotes
F1: Settlement of performance stock units granted on 2/26/2021 (previously reported) in shares of common stock following the end of the 3-year performance period. Includes 36 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula.
F2: Options to purchase shares of common stock generally vest ratably on 2/23/25, 2/23/26, and 2/23/27 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
F3: Award of restricted stock units subject to future vesting on 2/23/2027, 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 of common stock. Does not include performance stock units granted on 2/23/2024, which vest solely upon achievement of pre-established performance goals over a 3 year performance period.
F4: Each restricted stock unit represented a contingent right to receive one share of common stock and vested on 2/26/2024.