SEC Form 4 · accession 0001209191-15-002049
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis A Schwartz
Officer — VP, Principal Accting. Officer
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 3:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000202058
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $1.00F2 | Jan 2, 2015 | S | 500 | $72.15 | D | 16,792 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF5,F3,F4 | — | Jan 2, 2015 | I | 178 | A | — | — | Common Stock, Par Value $1.00 | 178 | 1,660 | D |
Explanation of responses
- F1The sale of 500 shares as reported in this Form 4 were sold pursuant to a sale plan adopted by the reporting person on May 21, 2014, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2Aggregate of 16,792.41 shares listed in Column 5 of Table I includes 25.38 shares acquired through the Harris Corporation 401(k) Retirement Plan on 11/18/14.
- F3Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
- F4The phantom stock units were accrued under the Harris Corporation Supplemental Executive Retirement Plan. Phantom stock units are to be settled in cash upon the reporting person's retirement or other events. Prior to settlement, the reporting person may also transfer phantom stock units into alternative investment accounts.
- F5The aggregate of 1,660.40 phantom stock units includes 34.86 phantom stock units acquired through dividend reinvestment in the Harris Corporation Supplemental Executive Retirement Plan from 3/7/14 through 11/18/14 and a reduction of a .73 phantom stock unit due to rounding by the Plan's recordkeeper.