L3Harris director granted 661 deferred share units
Geraghty Joanna reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Geraghty Joanna reported acquisition or exercise transactions in this Form 4 filing.
L3Harris Technologies director Joanna Geraghty received an equity grant of 661 director share units as part of her non-employee director equity-based retainer. The award carries no cash purchase price and increases her directly held common stock position to 5,541.29 shares after the grant.
The director share units generally vest on May 11, 2027, subject to her continued service and the terms of the director share unit agreement. Under a prior deferral election, the vested units will be settled in shares of common stock when she separates from service with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $1.00 | 661 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of director share units in respect of the non-employee director's equity-based retainer, which generally will vest on May 11, 2027, subject to the non-employee director's continued service and the terms and conditions of the director share unit agreement. Pursuant to a prior election to defer such units upon vesting, such units will be settled in shares of common of stock upon the reporting person's separation from service with the Issuer.
Key Figures
Key Terms
equity-based retainer financial
vest financial
separation from service financial
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What insider transaction did LHX director Joanna Geraghty report?
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