SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MCARTHUR GARY L

(Last) (First) (Middle)
CORPORATE HEADQUARTERS
1025 W. NASA BOULEVARD

(Street)
MELBOURNE FL 32919

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HARRIS CORP /DE/ [ HRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP and Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2006
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, Par Value $1.00 08/04/2006 M(1) 4,408 A $17.6668 38,758.51 D
Common Stock, Par Value $1.00 08/04/2006 M(1) 4,408 A $19.5951 43,166.51 D
Common Stock, Par Value $1.00 08/04/2006 M(1) 5,510 A $15.4549 48,676.51 D
Common Stock, Par Value $1.00 08/04/2006 M(1) 1,006 A $28.85 49,682.51 D
Common Stock, Par Value $1.00 08/04/2006 M(1) 692 A $28.85 50,374.51 D
Common Stock, Par Value $1.00 08/04/2006 M(1) 360 A $28.85 50,734.51 D
Common Stock, Par Value $1.00 08/04/2006 M(1) 6,010 A $14.9 56,744.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 6,375 D $45 50,369.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 300 D $45.01 50,069.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 100 D $45.02 49,969.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 300 D $45.03 49,669.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 800 D $45.04 48,869.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 400 D $45.06 48,469.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 5,900 D $45.08 42,569.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 600 D $45.09 41,969.51 D
Common Stock, Par Value $1.00 08/04/2006 S(1) 1,900 D $45.13 40,069.51(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $14.9 08/04/2006 M(1) 6,010 08/24/2004 08/24/2011 Common Stock, Par Value $1.00 6,010 $0.00 8,000 D
Non-Qualified Stock Option (right to buy) $15.4549 08/04/2006 M(1) 5,510 08/28/2001 08/28/2008 Common Stock, Par Value $1.00 5,510 $0.00 0 D
Non-Qualified Stock Option (right to buy) $17.6668 08/04/2006 M(1) 4,408 03/17/2000 03/17/2007 Common Stock, Par Value $1.00 4,408 $0.00 0 D
Non-Qualified Stock Option (right to buy) $19.5951 08/04/2006 M(1) 4,408 08/22/2000 08/22/2007 Common Stock, Par Value $1.00 4,408 $0.00 0 D
Non-Qualified Stock Option (right to buy) $28.85 08/04/2006 M(1) 692 04/22/2005 10/06/2010 Common Stock, Par Value $1.00 692 $0.00 0 D
Non-Qualified Stock Option (right to buy) $28.85 08/04/2006 M(1) 360 04/22/2005 04/04/2011 Common Stock, Par Value $1.00 360 $0.00 0 D
Non-Qualified Stock Option (right to buy) $28.85 08/04/2006 M(1) 1,006 04/22/2005 08/24/2011 Common Stock, Par Value $1.00 1,006 $0.00 0 D
Explanation of Responses:
1. The exercise of 22,394 shares and sale of 16,675 shares as reported on this Form 4 were executed pursuant to a sale plan adopted by the reporting person on May 4, 2006, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
2. The aggregate of 40,069.51 shares listed in Column 5 of Table I includes: (a) 16,800 performance shares previously awarded and subject to adjustment; (b) 10,000 restricted shares previously awarded and subject to vesting; (c) 87.02 shares acquired through the Harris Corporation 401(k) Retirement Plan from 1/18/06 through 6/7/06; (d) 21.07 shares acquired through the Harris Corporation Dividend Reinvestment Plan from 3/17/06 through 6/14/06; and (e) a reduction of 2.80 shares due to rounding of previous reports of the 401(k) Plan's record keeper.
Remarks:
/s/ Gary L. McArthur 08/08/2006
** 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 4 (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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