SEC Form 4 · accession 0001209191-16-097944
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Miguel A Lopez
Officer — Sr. VP & Chief Financial Off.
Period of report
Feb 11, 2016
Accepted (ET)
Feb 12, 2016 · 2:18 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 11, 2016 | D | 3,140 | $0.00 | D | 1,094 | D | |
| Common Stock, Par Value $1.00F2 | Feb 11, 2016 | M | 8,098 | $0.00 | A | 9,192 | 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 UnitsF3 | $0.00 | Feb 11, 2016 | D | 4,402 | D | Mar 3, 2017 | — | Common Stock, Par Value $1.00 | 4,402 | 8,098 | D |
| Restricted Stock UnitsF3 | $0.00 | Feb 11, 2016 | M | 8,098 | D | Mar 3, 2017 | — | Common Stock, Par Value $1.00 | 8,098 | 0 | D |
Explanation of responses
- F1Forfeiture of unvested restricted stock due to termination of employment.
- F2Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. The 8,098 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 of restricted stock units was previously reported.
- F3Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. The 12,500 units granted on this 3/3/14 restricted stock unit award were scheduled to vest on 3/3/17. 8,098 units vested upon termination of employment due to proration for service, and the remaining 4,402 units were forfeited.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney