Sean J. Stackley - 24 Feb 2023 Form 4 Insider Report for L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)

Source evidence 5 source fields
Form type
4
Accepted by SEC
28 Feb 2023, 17:41:49 UTC
Previous filing
05 Jan 2023
Next filing
02 Mar 2023
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Sean J. Stackley

Key filing fact

Sean J. Stackley filed Form 4 for L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) on 28 Feb 2023.

Key facts

  • This page summarizes Sean J. Stackley's Form 4 filing for L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 28 Feb 2023, 17:41.

Change

  • Previous filing in this sequence was filed on 05 Jan 2023.
  • Current net transaction value: -$304,297.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LHX transaction

Common Stock, Par Value $1.00

Options Exercise

Transaction value
$0
Shares
+4,399
Change %
+36%
Price
$0.000000
Shares after
16,633
Date
24 Feb 2023
Ownership
Direct
Footnotes
F1, F2
LHX transaction

Common Stock, Par Value $1.00

Tax liability

Transaction value
$304,297
Shares
-1,448
Change %
-8.7%
Price
$210.15
Shares after
15,185
Date
24 Feb 2023
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LHX transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-4,046
Change %
-100%
Price
$0.000000*
Shares after
0
Date
24 Feb 2023
Ownership
Direct
Underlying class
Common Stock, Par Value $1.00
Underlying amount
4,046
Exercise price
$0.000000
Footnotes
F4
LHX transaction Derivative

Non-Qualified Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+11,632
Change %
Price
$0.000000
Shares after
11,632
Date
24 Feb 2023
Ownership
Direct
Underlying class
Common Stock, Par Value $1.00
Underlying amount
11,632
Exercise price
$210.15
Footnotes
F5
LHX transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+3,034
Change %
Price
$0.000000
Shares after
3,034
Date
24 Feb 2023
Ownership
Direct
Underlying class
Common Stock, Par Value $1.00
Underlying amount
3,034
Exercise price
$0.000000
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Settlement of performance stock units granted on 2/28/2020 (previously reported) in shares of common stock following the end of the 3-year performance period. Includes 353 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula.

Footnote F2

Includes 5.47 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 12/31/2022.

Footnote F3

Shares withheld by the Issuer to pay tax liability on the settlement of performance stock units.

Footnote F4

Award of performance stock units that vested on 12/30/2022 following the end of the 3-year performance period and were settled in shares of common stock on 2/24/2023 based on the performance stock unit payout formula.

Footnote F5

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.

Footnote F6

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.

SEC remarks

Exhibit List: Exhibit 24 - Power of Attorney

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