L3Harris (NYSE: LHX) VP awarded 1,630 options and 423 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L3Harris Technologies vice president and principal accounting officer John P. Cantillon received new equity awards. He was granted non-qualified stock options for 1,630 shares of common stock at an exercise price of $0.00 per share and 423 restricted stock units.
The options generally vest in three equal annual installments on 2/26/2027, 2/26/2028, and 2/26/2029, subject to continued employment and the stock option award agreement. The 423 restricted stock units are scheduled to vest on 2/26/2029, with each unit representing a contingent right to receive one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CANTILLON JOHN P
Role
VP, Principal Accting. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 1,630 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 423 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 1,630 shares (Direct);
Restricted Stock Units — 423 shares (Direct)
Footnotes (1)
- Options to purchase shares of common stock generally vest ratably on 2/26/2027, 2/26/2028, and 2/26/2029 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement. Award of restricted stock units subject to future vesting 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 common stock.
FAQ
What insider equity awards did LHX executive John P. Cantillon receive?
John P. Cantillon received non-qualified stock options and restricted stock units. He was granted options for 1,630 shares of L3Harris common stock and 423 restricted stock units, both as equity compensation awards subject to future vesting and employment conditions.
How many L3Harris (LHX) stock options were granted to John P. Cantillon?
He was granted non-qualified stock options covering 1,630 shares of L3Harris common stock. These options were awarded at an exercise price of $0.00 per share and will vest over three annual installments, subject to continued employment and the terms of the stock option agreement.
When do John P. Cantillon’s LHX stock options vest?
The stock options generally vest ratably on 2/26/2027, 2/26/2028, and 2/26/2029. Vesting is conditioned on Mr. Cantillon’s continued employment, with certain exceptions, and compliance with the terms and conditions of the applicable stock option award agreement.
What restricted stock units did LHX grant to John P. Cantillon and when do they vest?
L3Harris granted John P. Cantillon 423 restricted stock units. These units are scheduled to vest on 2/26/2029, subject to his continued employment and the restricted unit award agreement, with each vested unit settling in one share of common stock.
What does each LHX restricted stock unit granted to John P. Cantillon represent?
Each restricted stock unit represents a contingent right to receive one share of L3Harris common stock. Upon vesting on 2/26/2029, vested units will be settled in shares of common stock, provided employment and other award agreement conditions are satisfied.