SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
PEARSON DANIEL R

(Last) (First) (Middle)
GOVT. COMMS. SYSTEMS DIVISION
2400 PALM BAY ROAD, N.E.

(Street)
PALM BAY FL 32905

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2006
3. Issuer Name and Ticker or Trading Symbol
HARRIS CORP /DE/ [ HRS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Group Pres. - Defense Comms.
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, Par Value $1.00 37,806.38(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) (2) 08/22/2013 Common Stock, Par Value $1.00 20,000 $16.275 D
Non-Qualified Stock Option (right to buy) 08/23/2005 08/23/2012 Common Stock, Par Value $1.00 20,000 $16.825 D
Non-Qualified Stock Option (right to buy) (3) 08/27/2011 Common Stock, Par Value $1.00 16,000 $24 D
Non-Qualified Stock Option (right to buy) (4) 08/26/2012 Common Stock, Par Value $1.00 13,000 $37.19 D
Phantom Stock Units (5) (5) Common Stock, Par Value $1.00 2,188.41 $0.00(6) D
Explanation of Responses:
1. Aggregate of 37,806.38 shares listed in Column 2 of Table I includes: (a) 15,100 performance shares previously granted and subject to adjustment; (b) 3,000 restricted shares previously granted and subject to vesting; and (c) 1,789.10 shares acquired through the Harris Corporation 401(k) Retirement Plan as of 7/1/06.
2. Of the 20,000 shares granted on this 8/22/03 stock option, 10,000 shares became exercisable on 8/22/04, 5,000 shares became exercisable on 8/22/05, and 5,000 shares are will become exercisable on 8/22/06.
3. Of the 16,000 shares granted on this 8/27/04 stock option, 8,000 shares became exercisable on 6/30/05, 4,000 shares will become exercisable on 8/27/06, and 4,000 shares will become exercisable on 8/27/07.
4. Of the 13,000 shares granted on this 8/26/05 stock option, 6,500 shares became exercisable on 6/30/06, 3,250 shares will become exercisable on 6/30/07, and 3,250 shares will become exercisable on 8/26/08.
5. Reported phantom stock units acquired under Harris Corporation's Supplemental Executive Retirement Plan and will be settled in cash following the reporting person's retirement, termination of service, or other specified events.
6. Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
Remarks:
/s/ Daniel R. Pearson 07/05/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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