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Filing Details

Accession Number:: 0001209191-10-015136
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-08 12:00:00
Reporting Period:: 2010-03-04

Filing Date:: 2010-03-08
Accepted Time:: 2010-03-08 11:18:47
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
202058	Harris Corp	HRS	Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)	340276860

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1220685	R Daniel Pearson	Govt. Comms. Systems Division 2400 Palm Bay Road, N.e. Palm Bay FL 32905	Group Pres. - Govt. Comm. Sys.	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $1.00	Disposition	2010-03-04	10,000	$46.17	72,066	No	4	S	Direct
Common Stock, Par Value $1.00	Disposition	2010-03-04	2,056	$46.82	70,010	No	4	I	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	I	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $1.00	Phantom Stock Units	Disposition	2010-03-04	2,576	$46.82	2,576	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	I	Direct

Footnotes

The sale of 10,000 shares as reported in this Form 4 were sold pursuant to a sale plan adopted by the reporting person on February 1, 2010, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
The 10,000 shares were sold at a weighted average sale price of $46.17. The prices actually received ranged from $45.93 to $46.72. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
The disposition of 2,056.20 shares, as reported in this Form 4, was effected pursuant to a Harris Stock Fund Transfer and Instruction Plan adopted by the reporting person on February 1, 2010. The value of the 2,056.20 shares in the Harris Corporation 401(k) Retirement Plan was transferred into alternative investment accounts under the Harris Corporation 401(k) Retirement Plan.
Aggregate of 70,009.94 shares listed in Column 5 of Table 1 includes: (a) 26,100 performance shares previously reported and subject to adjustment; (b) 14,000 restricted shares previously reported and subject to vesting; (c) 22.90 shares acquired through dividend reinvestment in the Harris Corporation 401(k) Retirement Plan from 9/4/09 through 11/18/09; (d) a .71 share acquired through the Harris Corporation Dividend Reinvestment Plan from 9/18/09 through 12/4/09; and (e) a reduction of 2.84 shares due to rounding of previous reports of the Plan's record keeper.
Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
The disposition of 2,575.72 phantom stock units, as reported in this Form 4, was effected pursuant to a Harris Stock Fund Transfer and Instruction Plan adopted by the reporting person on February 1, 2010. The value of the 2,575.72 phantom stock units in the Harris Corporation Supplemental Executive Retirement Plan was transferred into alternative investment accounts under the Harris Corporation Supplemental Executive Retirement Plan.
The phantom stock units were accrued under the Harris Corporation Supplemental Executive Retirement Plan. Phantom stock units are to be settled in cash upon the reporting person's retirement or other events. Prior to settlement, the reporting person may also transfer phantom stock units into alternative investment accounts.
The aggregate of 2,575.72 phantom stock units transferred out of the Supplemental Executive Retirement Plan included: (a) 115.03 phantom stock units acquired through dividend reinvestment in the Harris Corporation Supplemental Executive Retirement Plan from 5/25/07 through 11/18/09; (b) 101.47 phantom stock units acquired pursuant to an adjustment to the number of phantom stock units as a result of a reinvestment into phantom stock units of the value related to the spin-off dividend distribution of the Issuer's Harris Stratex Networks, Inc. subsidiary on 5/27/09; and (c) a reduction of 9.97 phantom stock units due to rounding of previous reports of the Plan's record keeper from 7/27/07 through 3/4/10.