SEC Form 4 · accession 0001209191-17-008205
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
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 9:20 am 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 $1.00 | Feb 3, 2017 | M | 45,800 | $37.69 | A | 116,490 | D | |
| Common Stock, Par Value $1.00 | Feb 3, 2017 | M | 53,600 | $46.53 | A | 170,090 | D | |
| Common Stock, Par Value $1.00F3 | Feb 3, 2017 | S | 45,800 | $104.64 | D | 124,290 | D | |
| Common Stock, Par Value $1.00F3,F4 | Feb 3, 2017 | S | 53,600 | $104.64 | D | 70,690 | 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) | $37.69 | Feb 3, 2017 | M | 45,800 | D | Aug 26, 2014 | Aug 26, 2021 | Common Stock, Par Value $1.00 | 45,800 | 0 | D |
| Non-Qualified Stock Option (Right to Buy) | $46.53 | Feb 3, 2017 | M | 53,600 | D | Aug 24, 2015 | Aug 24, 2022 | Common Stock, Par Value $1.00 | 53,600 | 0 | D |
Explanation of responses
- F1The exercise of an option and sale of the underlying 45,800 shares as reported on this Form 4 were executed pursuant to a sale plan adopted by the reporting person on December 14, 2016, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2The exercise of an option and sale of the underlying 53,600 shares as reported on this Form 4 were executed pursuant to a sale plan adopted by the reporting person on December 14, 2016, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F3The 99,400 shares were sold at a weighted average sale price of $104.64. The shares were sold in multiple transactions at prices ranging from $104.27 to $105.222. The reporting person will undertake to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.
- F4Aggregate of 70,690.13 shares listed in Column 5 of Table I includes 50.41 shares acquired through the Harris Corporation 401(k) Retirement Plan from 9/17/16 through 11/16/16.