Corliss J. Montesi - Feb 25, 2022 Form 4 Insider Report for L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)

Signature
By: /s/ Michele T. St. Mary, Attorney-in-Fact For: Corliss J. Montesi
Stock symbol
LHX
Transactions as of
Feb 25, 2022
Transactions value $
$0
Form type
4
Date filed
3/1/2022, 04:52 PM
Previous filing
Aug 20, 2021
Next filing
Feb 28, 2023

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 +2.08K $0.00 2.08K Feb 25, 2022 Common Stock, Par Value $1.00 2.08K $233.51 Direct F1
transaction LHX Performance Stock Units Award $0 +964 $0.00 964 Feb 25, 2022 Common Stock, Par Value $1.00 964 $0.00 Direct F2
transaction LHX Restricted Stock Units Award $0 +482 $0.00 482 Feb 25, 2022 Common Stock, Par Value $1.00 482 $0.00 Direct F3
transaction LHX Restricted Stock Units Award $0 +4K +829.88% $0.00 4.48K Feb 25, 2022 Common Stock, Par Value $1.00 4K $0.00 Direct F4
* 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 future vesting and exercisability: 694 on first anniversary of grant date, additional 694 on second anniversary of grant date and remaining 695 on third anniversary of grant date.
F2 Award of performance stock units subject to future vesting on 12/27/2024 in respect of 3-fiscal-year performance period that started January 1, 2022 and also subject to future adjustment based on award payout formula. Each performance 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 vesting on 2/25/2025. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)
F4 Grant of one-time retention award of restricted stock units, subject to future vesting and exercisability: 2,000 on the third anniversary of the grant date and remaining 2,000 on the fourth anniversary of the grant date. (Each restricted stock unit represents a contingent right to 1 share of Issuer's common stock.)

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney