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

Signature
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Jon Rambeau
Stock symbol
LHX
Transactions as of
Feb 23, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 08:03 PM
Previous filing
Nov 3, 2023
Next filing
Nov 4, 2024

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 +12.7K $0.00 12.7K Feb 23, 2024 Common Stock Par Value $1.00 12.7K $214.45 Direct F1
transaction LHX Restricted Stock Units Award $0 +3.03K $0.00 3.03K Feb 23, 2024 Common Stock Par Value $1.00 3.03K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.