SEC Form 4 · accession 0001209191-17-050578
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 25, 2017
Accepted (ET)
Aug 29, 2017 · 4:25 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1 | $0.00 | Aug 25, 2017 | A | 2,920 | A | — | — | Common Stock, Par Value $1.00 | 2,920 | 2,920 | D |
| Restricted Stock UnitsF2 | $0.00 | Aug 25, 2017 | A | 1,460 | A | — | — | Common Stock, Par Value $1.00 | 1,460 | 1,460 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $119.66 | Aug 25, 2017 | A | 9,388 | A | Aug 25, 2020 | Aug 25, 2027 | Common Stock, Par Value $1.00 | 9,388 | 9,388 | D |
Explanation of responses
- F1Each 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 7/1/17. The 2,920 performance stock units will vest on 7/3/20. Vested shares are subject to future adjustment and will be delivered to the reporting person within two and one-half months of vesting.
- F2Each restricted stock unit represents a contingent right to one share of the Issuer's common stock. Restricted stock units are subject to future vesting. The 1,460 restricted stock units vest on 8/25/20.
- F3Of the 9,388 options granted on this 8/25/17 stock option, 3,130 options become exercisable on 8/25/18, an additional 3,129 options become exercisable on 8/25/19, and the remaining 3,129 options become exercisable on 8/25/20.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney