SEC Form 4 · accession 0001209191-17-049835
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sheldon J Fox
Officer — SVP, Integration & Engineering
Period of report
Aug 21, 2017
Accepted (ET)
Aug 22, 2017 · 5:06 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 | Aug 21, 2017 | M | 19,400 | $42.87 | A | 73,092 | D | |
| Common Stock, Par Value $1.00F2 | Aug 21, 2017 | S | 16,397 | $118.13 | D | 56,695 | D | |
| Common Stock, Par Value $1.00F3 | Aug 21, 2017 | S | 3,003 | $118.73 | D | 53,692 | D | |
| Common Stock, Par Value $1.00 | Aug 21, 2017 | M | 30,900 | $37.69 | A | 84,592 | D | |
| Common Stock, Par Value $1.00F4 | Aug 21, 2017 | S | 25,000 | $118.14 | D | 59,592 | D | |
| Common Stock, Par Value $1.00F5,F6 | Aug 21, 2017 | S | 5,900 | $118.72 | D | 53,692 | 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 21, 2017 | M | 19,400 | D | Aug 27, 2013 | Aug 27, 2020 | Common Stock, Par Value $1.00 | 19,400 | 0 | D |
| Non-Qualified Stock Option (Right to Buy) | $37.69 | Aug 21, 2017 | M | 30,900 | D | Aug 26, 2014 | Aug 26, 2021 | Common Stock, Par Value $1.00 | 30,900 | 0 | D |
Explanation of responses
- F1The exercises of options and sales of the underlying 50,300 shares on August 21, 2017 as reported on this Form 4 were executed pursuant to a sale plan adopted by the reporting person on May 19, 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 16,397 shares were sold in multiple transactions at prices ranging from $117.46 to $118.46 and a weighted average sale price of $118.13. 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.
- F3The price reported in Column 4 is a weighted average sale price. The 3,003 shares were sold in multiple transactions at prices ranging from $118.47 to $119.01 and a weighted average sale price of $118.73. 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.
- F4The price reported in Column 4 is a weighted average sale price. The 25,000 shares were sold in multiple transactions at prices ranging from $117.48 to $118.48 and a weighted average sale price of $118.14. 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.
- F5The price reported in Column 4 is a weighted average sale price. The 5,900 shares were sold in multiple transactions at prices ranging from $118.50 to $118.99 and a weighted average sale price of $118.72. 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.
- F6Aggregate of 53,692.38 shares listed in Column 5 of Table I includes: (a) 4,879 restricted shares previously reported; (b) 58.36 shares acquired through the Harris Corporation 401(k) Retirement Plan ("Plan") from 12/16/16 through 5/31/17; (c) 413.87 shares acquired through a broker dividend reinvestment program from 3/24/17 through 6/16/17; and (c) a reduction of a .98 share due to rounding of previous reports by the Plan's record keeper.