SEC Form 4 · accession 0001209191-16-139088
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher D. Young
Officer — President, Communication Sys.
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 12:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000202058
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $90.84 | Aug 26, 2016 | A | 23,830 | A | Aug 26, 2019 | Aug 26, 2026 | Common Stock, Par Value $1.00 | 23,830 | 23,830 | D |
| Performance Stock UnitsF2 | $0.00 | Aug 26, 2016 | A | 3,680 | A | — | — | Common Stock, Par Value $1.00 | 3,680 | 3,680 | D |
Explanation of responses
- F1Of the 23,830 options granted on this 8/26/16 stock option, 7,944 options become exercisable on 8/26/17, an additional 7,943 options become exercisable on 8/26/18, and the remaining 7,943 options become exercisable on 8/26/19.
- F2Each performance stock unit represents a contingent right to one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 7/2/16. The 3,680 performance stock units will vest on 6/28/19. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney