L3Harris exec Barnes holds 2,045 common shares
L3HARRIS TECHNOLOGIES, INC.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
L3HARRIS TECHNOLOGIES, INC. (LHX) reported the initial beneficial ownership of officer Lauren N. Barnes, President, Space & Mission Systems. She holds 2,045 shares of common stock directly, plus stock options covering 1,171, 1,398 and 747 shares with exercise prices of $214.45, $206.11 and $355.16, expiring between 2034 and 2036 and vesting in annual tranches subject to continued employment. She also holds restricted stock units for 280, 334 and 194 shares, each award vesting in full on specific future dates, with vested units settled in common stock.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Barnes Lauren N.
Role
Pres., Space & Mission Sys.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F2 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F3 | -- | -- | -- |
| holding | Restricted Stock Units F4 | -- | -- | -- |
| holding | Restricted Stock Units F5 | -- | -- | -- |
| holding | Restricted Stock Units F6 | -- | -- | -- |
| holding | Common Stock, Par Value $1.00 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,316 contracts (Direct);
Restricted Stock Units — 808 contracts (Direct);
Common Stock, Par Value $1.00 — 2,045 shares (Direct)
Footnotes (6)
- F1. Options to purchase shares of Issuer's common stock, 390 of which became exercisable on 2/23/2025, 390 of which became exercisable on 2/23/2026 and 391 which become exercisable on 2/23/2027, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
- F2. Options to purchase shares of Issuer's common stock, 466 of which became exercisable on 2/28/2026, 466 which become exercisable on 2/28/2027 and 466 which become exercisable on 2/28/2028, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
- F3. Options to purchase shares of Issuer's common stock, 249 which become exercisable on 2/26/2027, 249 which become exercisable on 2/26/2028 and 249 which become exercisable on 2/26/2029, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
- F4. Award of restricted stock units, which vest on 2/23/2027, 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 of Issuer's common stock.
- F5. Award of restricted stock units, which vest on 2/28/2028, 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 receive 1 share of common stock, with vested units settled in shares of Issuer's common stock.
- F6. Award of restricted stock units, which vest on 2/26/2029, 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 of Issuer's common stock.
Key Figures
Direct common stock holdings: 2,045 shares
Stock option exercise price: $214.45
Underlying shares for $214.45 option: 1,171 shares
+4 more
7 metrics
Direct common stock holdings
2,045 shares
Common Stock, Par Value $1.00, held directly following reported holdings
Stock option exercise price
$214.45
Option on 1,171 underlying shares expiring 2034-02-23
Underlying shares for $214.45 option
1,171 shares
Stock Option (Right to Buy) on common stock
Stock option exercise price
$206.11
Option on 1,398 underlying shares expiring 2035-02-28
Underlying shares for $206.11 option
1,398 shares
Stock Option (Right to Buy) on common stock
Stock option exercise price
$355.16
Option on 747 underlying shares expiring 2036-02-26
Restricted Stock Units
280; 334; 194 units
Three RSU awards vesting in 2027, 2028 and 2029, each for 1 share per unit
Key Terms
Stock Option (Right to Buy), Restricted Stock Units, contingent right to receive 1 share of common stock, continued employment, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title "Stock Option (Right to Buy)" with exercise prices and expirations"
Restricted Stock Units financial
"security_title "Restricted Stock Units" representing a contingent right to shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
continued employment financial
"subject to continued employment (with certain exceptions) and the terms"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
stock option award agreement financial
"the terms and conditions of the stock option award agreement"
A stock option award agreement is a legal document that gives a person the right to buy a company’s shares at a fixed price later, with clear rules about when those rights become usable, how long they last, and any conditions for exercising them. For investors it matters because these agreements can increase the total shares outstanding and affect company costs and incentives—like a coupon that can turn into new stock, changing ownership and future stock supply.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does L3HARRIS (LHX) disclose about Lauren N. Barnes in this Form 3?
L3HARRIS discloses that Lauren N. Barnes, President of Space & Mission Systems, is an officer and reports her initial beneficial ownership of common stock, stock options, and restricted stock units of L3HARRIS.
What stock options does Lauren N. Barnes have in L3HARRIS (LHX)?
She has stock options over 1,171 shares at $214.45 (expiring 2034-02-23), 1,398 shares at $206.11 (expiring 2035-02-28), and 747 shares at $355.16 (expiring 2036-02-26), each vesting in annual tranches subject to continued employment.
What restricted stock units does Lauren N. Barnes hold in L3HARRIS (LHX)?
She holds RSU awards for 280, 334, and 194 shares of L3HARRIS common stock. These vest on 2027-02-23, 2028-02-28, and 2029-02-26, respectively, with vested units settled in shares of common stock.
Are Lauren N. Barnes’s L3HARRIS (LHX) equity awards subject to employment conditions?
Yes. The stock options and restricted stock units generally vest subject to continued employment, with certain exceptions, and the terms and conditions of the applicable award agreements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
