Melanie Rakita - 23 Feb 2024 Form 4 Insider Report for L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)

Role
Vice President & CHRO
Signature
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Melanie Rakita
Issuer symbol
LHX
Transactions as of
23 Feb 2024
Net transactions value
-$65,370
Form type
4
Filing time
27 Feb 2024, 20:02:14 UTC
Previous filing
07 Aug 2023
Next filing
04 Feb 2025
SEC
View on sec.gov

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 +792 +38% $0.000000 2,880 23 Feb 2024 Direct F1
transaction LHX Common Stock, Par Value $1.00 Tax liability $45,678 -213 -7.4% $214.45 2,667 23 Feb 2024 Direct
transaction LHX Common Stock, Par Value $1.00 Options Exercise $0 +378 +14% $0.000000 3,045 26 Feb 2024 Direct
transaction LHX Common Stock, Par Value $1.00 Tax liability $19,692 -93 -3.1% $211.74 2,952 26 Feb 2024 Direct

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 Non-Qualified Stock Option (Right to Buy) Award $0 +5,609 $0.000000 5,609 23 Feb 2024 Common Stock Par Value $1.00 5,609 $214.45 Direct F2
transaction LHX Restricted Stock Units Award $0 +1,341 $0.000000 1,341 23 Feb 2024 Common Stock Par Value $1.00 1,341 $0.000000 Direct F3
transaction LHX Restricted Stock Units Options Exercise $0 -378 -100% $0.000000* 0 26 Feb 2024 Common Stock, Par Value $1.00 378 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance stock units granted on 2/26/2021 (previously reported) in shares of common stock following the end of the 3-year performance period. Includes 36 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula.
F2 Options to purchase shares of common stock generally vest ratably on 2/23/25, 2/23/26, and 2/23/27 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
F3 Award of restricted stock units subject to future vesting on 2/23/2027, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to receive 1 share of common stock, with vested units settled in shares of common stock. Does not include performance stock units granted on 2/23/2024, which vest solely upon achievement of pre-established performance goals over a 3 year performance period.
F4 Each restricted stock unit represented a contingent right to receive one share of common stock and vested on 2/26/2024.