SAMIR MEHTA - 01 Feb 2023 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
Issuer symbol
LHX
Transactions as of
01 Feb 2023
Net transactions value
$0
Form type
4
Filing time
03 Feb 2023, 16:10:09 UTC
Previous filing
05 Jan 2023
Next filing
28 Feb 2023
SEC
View on sec.gov

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 +13,707 $0.000000 13,707 01 Feb 2023 Common Stock, Par Value $1.00 13,707 $215.85 Direct F1
transaction LHX Restricted Stock Units Award $0 +6,950 $0.000000 6,950 01 Feb 2023 Common Stock, Par Value $1.00 6,950 $0.000000 Direct F2
transaction LHX Restricted Stock Units Award $0 +11,583 $0.000000 11,583 01 Feb 2023 Common Stock, Par Value $1.00 11,583 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of options to purchase shares of Issuer's common stock subject to 3-year cliff vesting on 2/1/2026, 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 of one-half on 2/1/2026 and one-half on 2/1/2028, 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 1 share of Issuer's common stock, with vested units settled in shares of Issuer's common stock.
F3 Award of restricted stock units subject to future one-third ratable vesting on 2/1/2024, 2/1/2025, and 2/1/2026, 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 1 share of Issuer's common stock, with vested units settled in shares of Issuer's common stock.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney