FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Dambrosio Ralph 		2. Issuer Name and Ticker or Trading Symbol

L3 TECHNOLOGIES, INC. [ LLL ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
See Remarks
(Last)          (First)          (Middle)

C/O L3 TECHNOLOGIES, INC., 600 THIRD AVENUE 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/29/2019
(Street)

NEW YORK, NY 10016
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   6/29/2019     D (1) (2)    71527   (2) (3) D   (1) (2) 0   D    
Common Stock   6/29/2019     A (1) (4)    11516   (4) A $0   11516   D    
Common Stock   6/29/2019     D (1) (4)    11516   (4) D   (1) (4) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
02/23/10 Employee Stock Option (Right to Buy)   $86.41   6/29/2019     D         36144      (5) 2/23/2020   Common Stock   36144     (6) 0   D    
02/24/11 Employee Stock Option (Right to Buy)   $76.82   6/29/2019     D         39262      (5) 2/24/2021   Common Stock   39262     (6) 0   D    
02/22/12 Employee Stock Option (Right to Buy)   $67.49   6/29/2019     D         16978      (5) 2/22/2022   Common Stock   16978     (6) 0   D    
02/20/13 Employee Stock Option (Right to Buy)   $77   6/29/2019     D         62086      (5) 2/20/2023   Common Stock   62086     (6) 0   D    
02/19/14 Employee Stock Option (Right to Buy)   $113.67   6/29/2019     D         37850      (5) 2/19/2024   Common Stock   37850     (6) 0   D    
02/17/15 Employee Stock Option (Right to Buy)   $129.31   6/29/2019     D         36729      (5) 2/17/2025   Common Stock   36729     (6) 0   D    
02/16/16 Employee Stock Option (Right to Buy)   $116.2   6/29/2019     D         48077      (5) 2/16/2026   Common Stock   48077     (6) 0   D    
02/21/17 Employee Stock Option (Right to Buy)   $168.8   6/29/2019     D         29401      (5) 2/21/2027   Common Stock   29401     (6) 0   D    
02/20/18 Employee Stock Option (Right to Buy)   $210.98   6/29/2019     D         21023      (5) 2/20/2028   Common Stock   21023     (6) 0   D    

Explanation of Responses:
(1)  On June 29, 2019, pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), L3 Technologies, Inc. ("L3") and Harris Corporation ("Harris") effected an all-stock, merger of equals to combine their respective businesses in which a wholly-owned subsidiary of Harris merged with and into L3 with L3 surviving as a wholly-owned subsidiary of Harris (the "Merger"). Pursuant to the Merger Agreement, upon completion of the Merger, Harris changed its name to "L3Harris Technologies, Inc." ("L3Harris") and each issued and outstanding share of L3 common stock was converted into the right to receive 1.30 shares of L3Harris common stock (the "exchange ratio").
(2)  Includes a total of 21,707 restricted stock units. In connection with the Merger, (i) all vesting conditions of each unvested restricted stock unit granted prior to October 12, 2018 (8,638 of the restricted stock units) were deemed satisfied and accelerated in full and each such restricted stock unit was cancelled and entitled the holder to receive a number of shares of L3Harris common stock equal to the number of such restricted stock units multiplied by the exchange ratio and (ii) all unvested restricted stock units granted after October 12, 2018 (13,069 restricted stock units) were cancelled and entitled the holder to receive time-vesting restricted stock units denominated in shares of L3Harris common stock, in an amount calculated by multiplying the number of such restricted stock units by the exchange ratio.
(3)  Reflects additional shares acquired through L3's Master Savings (401(k)) Plan.
(4)  In February 2017 and February 2018, the reporting person was granted performance units which provided for delivery of shares of common stock upon the achievement of specified performance criteria. Pursuant to the Merger Agreement, at the effective time of the Merger, the outstanding performance units were deemed earned based on the greater of target and actual level of performance through the effective time of the Merger (as reasonably determined by the compensation committee of the L3 Board in consultation with Harris), and each performance unit was cancelled and the reporting person became entitled to receive a combination of (i) shares of L3Harris common stock and (ii) time-vesting restricted stock units denominated in shares of L3Harris common stock, as set forth in the Merger Agreement, in an amount calculated by multiplying each earned performance unit by the exchange ratio.
(5)  These options were originally scheduled to vest in equal one-third increments beginning on the one-year anniversary of the grant date.
(6)  At the effective time of the Merger, all vesting conditions applicable to outstanding stock options were deemed satisfied and accelerated in full and each option was converted into an option to purchase a number of shares of L3Harris common stock equal to the product of the number of shares of L3 common stock subject to such option and the exchange ratio, at an exercise price per share equal to the exercise price per share of such option divided by the exchange ratio.

Remarks:
Senior Vice President and Chief Financial Officer

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Dambrosio Ralph
C/O L3 TECHNOLOGIES, INC.
600 THIRD AVENUE
NEW YORK, NY 10016

See Remarks

Signatures
/s/ Allen E. Danzig as Attorney-in-Fact 7/2/2019
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more L3 Technologies, Inc. Charts.
L3 Technologies, Inc. (NYSE:LLL)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more L3 Technologies, Inc. Charts.