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L3HARRIS TECHNOLOGIES, INC. /DE/ — Director's Dealing 2024
Feb 27, 2024
29993_dirs_2024-02-27_01480a75-c4c5-4bb2-bc51-070c14c1f5db.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: Montesi Corliss J. (VP, Principal Accting. Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-23 | Common Stock, Par Value $1.00 | M | 864 | — | Acquired | 1943.98 | Direct |
| 2024-02-23 | Common Stock, Par Value $1.00 | F | 231 | $214.45 | Disposed | 1712.98 | Direct |
| 2024-02-26 | Common Stock, Par Value $1.00 | M | 413 | — | Acquired | 2125.98 | Direct |
| 2024-02-26 | Common Stock, Par Value $1.00 | F | 101 | $211.74 | Disposed | 2024.98 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-23 | Performance Stock Units | $0 | M | 825 | Disposed | Common Stock, Par Value $1.00 (825) | Direct | |
| 2024-02-23 | Non-Qualified Stock Option (Right to Buy) | $214.45 | A | 2342 | Acquired | 2034-02-23 | Common Stock Par Value $1.00 (2342) | Direct |
| 2024-02-23 | Restricted Stock Units | $0 | A | 560 | Acquired | Common Stock Par Value $1.00 (560) | Direct | |
| 2024-02-26 | Restricted Stock Units | $0 | M | 413 | Disposed | Common Stock, Par Value $1.00 (413) | 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 39 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula.
F2: Includes 2.08 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 12/29/2023.
F3: Award of performance stock units that vested on 12/29/2023 following the end of the 3-year performance period and were settled in shares of common stock on 2/23/2024 based on the performance stock unit payout formula.
F4: 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.
F5: 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.
F6: Each restricted stock unit represented a contingent right to receive one share of common stock and vested on 2/26/2024.