SEC Form 4 · accession 0001209191-17-020482
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott T Mikuen
Officer — Sr VP-General Counsel & Secy
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 3:49 pm 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 | Mar 10, 2017 | M | 20,600 | $42.87 | A | 68,313 | D | |
| Common Stock, Par Value $1.00F2,F3 | Mar 10, 2017 | S | 20,600 | $109.71 | D | 47,713 | 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 | Mar 10, 2017 | M | 20,600 | D | Aug 27, 2013 | Aug 27, 2020 | Common Stock, Par Value $1.00 | 20,600 | 0 | D |
Explanation of responses
- F1The exercise of an option and sale of the underlying 20,600 shares on March 10, 2017 as reported on this Form 4 were executed pursuant to a sale plan adopted by the reporting person on February 8, 2017, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2The price reported in Column 4 is a weighted average sale price. The 20,600 shares were sold in multiple transactions at prices ranging from $109.46 to $110.11 and a weighted average sale price of $109.71. 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 47,713.45 shares listed in Column 5 of Table I includes: (a) 2,441 restricted shares previously reported and (b)15.31 shares acquired through dividend reinvestment in the Harris Corporation 401(k) Plan on 11/16/16.