Samir Mehta - Feb 1, 2024 Form 4 Insider Report for L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)

Role
Pres., Communication Systems
Signature
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Samir Mehta
Stock symbol
LHX
Transactions as of
Feb 1, 2024
Transactions value $
-$200,550
Form type
4
Date filed
2/5/2024, 07:12 PM
Previous filing
Feb 28, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LHX Common Stock, Par Value $1.00 Options Exercise $0 +3.86K $0.00 3.86K Feb 1, 2024 Direct F1
transaction LHX Common Stock, Par Value $1.00 Tax liability -$201K -956 -24.76% $209.78 2.91K Feb 1, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LHX Restricted Stock Units Options Exercise $0 -3.86K -33.33% $0.00 7.72K Feb 1, 2024 Common Stock, Par Value $1.00 3.86K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued in settlement of restricted stock units ("RSUs") that vested on 2/1/2024.
F2 Shares of common stock withheld by the Issuer to pay tax liability on the vesting of RSUs previously awarded.
F3 Each unvested RSU represents a contingent right to receive one share of the Issuer's common stock. The first tranche of the RSUs vested on 2/1/2024, and the remaining RSUs vest ratably on 2/01/2025 and 2/01/2026, subject to the terms and conditions of the restricted unit award agreement.