SEC Form 4 · accession 0001209191-18-049802
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd A. Taylor
Officer — VP, Principal Accting. Officer
Period of report
Sep 4, 2018
Accepted (ET)
Sep 6, 2018 · 4:22 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 | Sep 4, 2018 | M | 8,660 | $79.70 | A | 12,275 | D | |
| Common Stock, Par Value $1.00F2 | Sep 4, 2018 | S | 8,660 | $161.60 | D | 3,615 | D | |
| Common Stock, Par Value $1.00 | Sep 4, 2018 | M | 5,167 | $90.84 | A | 8,782 | D | |
| Common Stock, Par Value $1.00F3 | Sep 4, 2018 | S | 5,167 | $161.98 | D | 3,615 | D | |
| Common Stock, Par Value $1.00 | Sep 4, 2018 | M | 1,084 | $119.66 | A | 4,699 | D | |
| Common Stock, Par Value $1.00F3 | Sep 4, 2018 | S | 1,084 | $161.98 | D | 3,615 | D | |
| Common Stock, Par Value $1.00 | Sep 4, 2018 | M | 4,787 | $77.54 | A | 8,402 | D | |
| Common Stock, Par Value $1.00F4 | Sep 4, 2018 | S | 3,787 | $161.90 | D | 4,615 | 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) | $79.70 | Sep 4, 2018 | M | 8,660 | D | Jun 1, 2018 | Jun 1, 2025 | Common Stock, Par Value $1.00 | 8,660 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F5 | $90.84 | Sep 4, 2018 | M | 5,167 | D | — | Aug 26, 2026 | Common Stock, Par Value $1.00 | 5,167 | 2,583 | D |
| Non-Qualified Stock Option (Right to Buy)F6 | $119.66 | Sep 4, 2018 | M | 1,084 | D | — | Aug 25, 2027 | Common Stock, Par Value $1.00 | 1,084 | 2,166 | D |
| Non-Qualified Stock Option (Right to Buy) | $77.54 | Sep 4, 2018 | M | 4,787 | D | Aug 28, 2018 | Aug 28, 2025 | Common Stock, Par Value $1.00 | 4,787 | 2,393 | D |
Explanation of responses
- F1The exercise of options and sale of the underlying shares as reported on this Form 4 were executed pursuant to a sale plan adopted by the reporting person on May 4, 2018, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2Weighted average sale price of $161.60 (prices actually received ranged from $161.05 to $161.86). The reporting person will 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 price within the range.
- F3Weighted average sale price of $161.98 (prices actually received ranged from $161.86 to $162.25). The reporting person will 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 price within the range.
- F4Weighted average sale price of $161.90 (prices actually received ranged from $161.69 to $162.18). The reporting person will 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 price within the range.
- F5Of aggregate number of options granted on 8/26/16, 2,584 vested and became exercisable on the first anniversary of grant date, 2,583 vested and became exercisable on the second anniversary of grant date, and the remaining 2,583 vest and become exercisable on third anniversary of grant date.
- F6Of aggregate number of options granted on 8/25/17, 1,084 vested and became exercisable on the first anniversary of grant date, 1,083 vest and become exercisable on the second anniversary of grant date, and the remaining 1,083 vest and become exercisable on third anniversary of grant date.