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L3HARRIS TECHNOLOGIES, INC. /DE/ Director's Dealing 2024

Feb 27, 2024

29993_dirs_2024-02-27_fe026d29-13b6-47dd-ab49-9395b544b943.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: KUBASIK CHRISTOPHER E (Director, Chair and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-23 Common Stock, Par Value $1.00 M 31657 Acquired 119057.16 Direct
2024-02-23 Common Stock, Par Value $1.00 F 12051 $214.45 Disposed 107006.16 Direct
2024-02-26 Common Stock, Par Value $1.00 M 15118 Acquired 122124.16 Direct
2024-02-26 Common Stock, Par Value $1.00 F 5949 $211.74 Disposed 116175.16 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-23 Performance Stock Units $0 M 30235 Disposed Common Stock, Par Value $1.00 (30235) Direct
2024-02-23 Non-Qualified Stock Option (Right to Buy) $214.45 A 65841 Acquired 2034-02-23 Common Stock Par Value $1.00 (65841) Direct
2024-02-23 Restricted Stock Units $0 A 15738 Acquired Common Stock Par Value $1.00 (15738) Direct
2024-02-26 Restricted Stock Units $0 M 15118 Disposed Common Stock, Par Value $1.00 (15118) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, Par Value $1.00 43047 Indirect

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 1,422 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula.

F2: Includes both 3,338 and 4,253 shares previously reported as indirectly owned through a grantor retainer annuity trust that were distributed to the reporting person pursuant to the terms of the grantor retainer annuity trust on 11/22/2023 and 2/16/2024, respectively, and 98.31 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: 10,000, 16,000 and 12,000 shares were contributed by the reporting person to a grantor retained annuity trust for the benefit of himself and his three adult children on 5/1/2023, 5/30/2023 and 8/23/2023, respectively.

F4: 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.

F5: 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.

F6: 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.

F7: Each restricted stock unit represented a contingent right to receive one share of common stock and vested on 2/26/2024.