SEC Form 4 · accession 0001209191-16-135782
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dana A Mehnert
Officer — SVP, Chief Global Bus Dev Off
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 11:16 am EDT
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 $1.00 | Aug 4, 2016 | M | 27,000 | $42.87 | A | 89,492 | D | |
| Common Stock, Par Value $1.00F2,F3 | Aug 4, 2016 | S | 27,000 | $88.0219 | D | 62,492 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy) | $42.87 | Aug 4, 2016 | M | 27,000 | D | Aug 27, 2013 | Aug 27, 2020 | Common Stock, Par Value $1.00 | 27,000 | 0 | D |
Explanation of responses
- F1The exercise of an option and sale of the underlying 27,000 shares on August 4, 2016 as reported on this Form 4 were sold pursuant to a sale plan adopted by the reporting person on December 10, 2015, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2The 27,000 shares were sold at a weighted average sale price of $88.0219. The prices actually received ranged from $87.76 to $88.33. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3Aggregate of 62,491.72 shares listed in Column 5 of Table I includes: (a) 29.17 shares acquired through the Harris Corporation 401(k) Retirement Plan ("Plan") on 5/27/16 and (b) a reduction of 2.23 shares due to rounding of previous reports by the Plan's recordkeeper.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney