Edward J. Zoiss - 23 Feb 2024 Form 4 Insider Report for L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)

Signature
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Edward J. Zoiss
Issuer symbol
LHX
Transactions as of
23 Feb 2024
Net transactions value
-$485,951
Form type
4
Filing time
27 Feb 2024, 20:06:30 UTC
Previous filing
28 Nov 2023
Next filing
29 Feb 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 +5,038 +19% $0.000000 32,223 23 Feb 2024 Direct F1, F2
transaction LHX Common Stock, Par Value $1.00 Tax liability $285,433 -1,331 -4.1% $214.45 30,892 23 Feb 2024 Direct
transaction LHX Common Stock, Par Value $1.00 Options Exercise $0 +2,406 +7.8% $0.000000 33,298 26 Feb 2024 Direct
transaction LHX Common Stock, Par Value $1.00 Tax liability $200,518 -947 -2.8% $211.74 32,351 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 Performance Stock Units Options Exercise $0 -4,811 -100% $0.000000* 0 23 Feb 2024 Common Stock, Par Value $1.00 4,811 $0.000000 Direct F3
transaction LHX Non-Qualified Stock Option (Right to Buy) Award $0 +12,681 $0.000000 12,681 23 Feb 2024 Common Stock Par Value $1.00 12,681 $214.45 Direct F4
transaction LHX Restricted Stock Units Award $0 +3,032 $0.000000 3,032 23 Feb 2024 Common Stock Par Value $1.00 3,032 $0.000000 Direct F5
transaction LHX Restricted Stock Units Options Exercise $0 -2,406 -100% $0.000000* 0 26 Feb 2024 Common Stock, Par Value $1.00 2,406 $0.000000 Direct F6
* 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 227 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula.
F2 Includes 2.27 shares acquired through the Issuer's retirement plan since last reported by the reporting person based on information provided by the plan's administrator as of 12/29/2023.
F3 Award of performance stock units that vested on 12/29/2023 following the end of the 3-year performance period and were settled in shares of common stock on 2/23/2024 based on the performance stock unit payout formula.
F4 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.
F5 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.
F6 Each restricted stock unit represented a contingent right to receive one share of common stock and vested on 2/26/2024.