Insider Trading Arrangements

3 Months Ended

12 Months Ended

Dec. 29, 2023

We require all executive officers and directors to effect purchase and sale transactions in L3Harris securities pursuant to a trading plan (each, a “10b5-1 Plan”) intended to satisfy the requirements of Rule 10b5-1 under the Exchange Act (“Rule 10b5-1”). We limit executive officers to a single 10b5-1 Plan in effect at any time, subject to limited exceptions in accordance with Rule 10b5-1. In addition, our stock ownership guidelines require executive officers to maintain ownership of L3Harris securities (excluding stock options and unearned performance share units) with a value equal to a multiple of their annual salary. Each executive officer identified in the table below is expected to hold securities considerably in excess of L3Harris’ stock ownership guidelines following the sale of the maximum number of shares contemplated.

The following table includes the material terms (other than with respect to the price) of each 10b5-1 Plan adopted or terminated by our executive officers and directors during the quarter ended December 29, 2023:

Name and title

Date of adoption of 10b5-1 Plan(1)

Scheduled expiration date of 10b5-1 Plan(2)

Aggregate number of shares of common stock to be purchased or sold(3)

Christopher E. Kubasik Chair and CEO

December 14, 2023

April 8, 2024

Up to 46,528 shares underlying options expiring in 2025

Scott T. Mikuen Senior Vice President, General Counsel and Secretary

December 14, 2023

March 18, 2024

Up to 6,392 shares