SEC Form 4 · accession 0001209191-18-053212
L3HARRIS TECHNOLOGIES, INC. /DE/ · LHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher D. Young
Other
Period of report
Sep 28, 2018
Accepted (ET)
Oct 2, 2018 · 4:39 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 $1.00F1 | Sep 28, 2018 | M | 531 | $0.00 | A | 1,817 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Sep 28, 2018 | D | 929 | D | Aug 25, 2020 | — | Common Stock, Par Value $1.00 | 929 | 531 | D |
| Restricted Stock UnitsF2 | $0.00 | Sep 28, 2018 | M | 531 | D | Aug 25, 2020 | — | Common Stock, Par Value $1.00 | 531 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Sep 28, 2018 | D | 1,078 | D | Aug 24, 2021 | — | Common Stock, Par Value $1.00 | 1,078 | 0 | D |
| Performance Stock UnitsF4 | $0.00 | Sep 28, 2018 | D | 921 | D | — | — | Common Stock, Par Value $1.00 | 921 | 2,759 | D |
| Performance Stock UnitsF5 | $0.00 | Sep 28, 2018 | D | 1,713 | D | — | — | Common Stock, Par Value $1.00 | 1,713 | 1,207 | D |
| Performance Stock UnitsF6 | $0.00 | Sep 28, 2018 | D | 2,156 | D | — | — | Common Stock, Par Value $1.00 | 2,156 | 0 | D |
Explanation of responses
- F1Prorated vesting of restricted stock units from award described in note (2) below. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)
- F2Of 1,490 restricted stock units awarded on 8/25/2017 (previously reported and originally scheduled to vest on 8/25/2020), upon termination of the reporting person's employment on 9/28/2018, 929 were forfeited and 531 vested due to proration for service. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)
- F3Of 1,078 restricted stock units awarded on 8/24/2018 (previously reported and originally scheduled to vest on 8/24/2021), upon termination of the reporting person's employment on 9/28/2018, all were forfeited. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)
- F4Of 3,680 performance stock units awarded on 8/26/2016 (previously reported and scheduled to vest at end of 3-fiscal-year performance period on 6/28/2019), upon termination of the reporting person's employment on 9/28/2018, 921 were forfeited and 2,759 were prorated for service (and remain subject to future vesting and also subject to future adjustment based on award payout formula). (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
- F5Of 2,920 performance stock units awarded on 8/25/2017 (previously reported and scheduled to vest at end of 3-fiscal-year performance period on 7/3/2020), upon termination of the reporting person's employment on 9/28/2018, 1,713 were forfeited and 1,207 were prorated for service (and remain subject to future vesting and also subject to future adjustment based on award payout formula). (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
- F6Of 2,156 performance stock units awarded on 8/24/2018 (previously reported and scheduled to vest at end of 3-fiscal-year performance period on 7/2/2021), upon termination of the reporting person's employment on 9/28/2018, all were forfeited. (Each performance stock unit represents a contingent right to 1 share of Issuer's common stock.)
Remarks
Exhibit List: Exhibit 24 - Power of Attorney