SEC Form 4 · accession 0001209191-15-011251
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Morris
Officer — Group Pres., Int. Network Sol.
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 2:48 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 $1.00F1 | Feb 6, 2015 | M | 236 | $0.00 | A | 18,152 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Feb 6, 2015 | D | 16,964 | D | Feb 1, 2016 | — | Common Stock, Par Value $1.00 | 16,964 | 236 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 6, 2015 | M | 236 | D | Feb 1, 2016 | — | Common Stock, Par Value $1.00 | 236 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. The 236 shares of common stock in Column 4 of Table 1 represent the vesting of a prorated portion of a restricted stock unit award, which shares of common stock were acquired by the reporting person upon termination of employment. The grant and the releases of the first and second tranches were previously reported.
- F2Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. Of the 51,600 units granted on this 2/1/13 restricted stock unit award, 17,200 units vested on 2/1/14, and 17,200 units vested on 2/1/15. The remaining 17,200 units were scheduled to vest on 2/1/16. Of the 17,200 remaining restricted stock units, 236 vested upon termination of employment due to proration for service, and the remaining 16,964 were forfeited.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney