L3Harris director granted 105.96 phantom stock units
L3Harris Technologies director Christina L. Zamarro acquired 105.96 phantom stock units tied to the company’s common stock.
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Rhea-AI Filing Summary
L3Harris Technologies director Christina L. Zamarro acquired 105.96 phantom stock units tied to the company’s common stock. The credit arose under the 2019 Non-Employee Director Compensation Plan based on her prior election to defer quarterly cash retainers into stock-based units.
These phantom stock units will be settled solely in shares of L3Harris common stock when she separates from service. After this award, she holds 5,453.89 shares or equivalent units directly, including 16.95 phantom stock units credited through dividends since she last reported holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $1.00 | 105.96 | $353.91 | $38K |
Footnotes (2)
- F1. Represents a credit of phantom stock units under the L3Harris Technologies, Inc. 2019 Non-Employee Director Compensation Plan (the "Plan") pursuant to the reporting person's prior election to defer non-employee director quarterly cash retainers. Phantom stock units are subject to settlement solely in shares of the Issuer's common stock upon the reporting person's separation from service with the Issuer.
- F2. Includes 16.95 phantom stock units acquired through dividend credits under the Plan since last reported by the reporting person.
Key Figures
Key Terms
phantom stock units financial
2019 Non-Employee Director Compensation Plan financial
dividend credits financial
separation from service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did L3Harris (LHX) director Christina Zamarro report in this Form 4?
What are phantom stock units in the L3Harris (LHX) director plan?
How were the 105.96 phantom stock units for LHX calculated for Christina Zamarro?
What do the 16.95 dividend credit units mean for LHX director Christina Zamarro?
AI-generated analysis. How Rhea-AI works. Not financial advice.