Samir Mehta - Feb 24, 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
Stock symbol
LHX
Transactions as of
Feb 24, 2023
Transactions value $
$0
Form type
4
Date filed
2/28/2023, 05:33 PM
Previous filing
Feb 3, 2023
Next filing
Feb 5, 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 +11.6K $0.00 11.6K Feb 24, 2023 Common Stock, Par Value $1.00 11.6K $210.15 Direct F1
transaction LHX Restricted Stock Units Award $0 +3.03K $0.00 3.03K Feb 24, 2023 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 2/24/2024, 2/24/2025, and 2/24/2026 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 2/24/2026, 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 receive 1 share of common stock, with vested units settled in shares common stock. Does not include performance stock units granted on 2/24/2023, which vest solely upon achievement of pre-established performance goals over a 3 year performance period.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney