8-K
filed April 23, 2024, 7:59 PM ET
ticker LHX
CIK 0000202058
other material
confidence high
sentiment neutral
materiality 0.25
L3Harris shareholders approve officer liability limitation, reject lobbying transparency proposal
L3HARRIS TECHNOLOGIES, INC. /DE/
- All 14 director nominees elected; broker non-votes on 5 of 6 proposals.
- Say-on-pay approved with 141.5M for vs 12.1M against.
- 2024 Equity Incentive Plan approved: 142.8M for, 10.8M against.
- Charter amendment to limit officer liability passed: 137.0M for, 16.7M against.
- Shareholder proposal on lobbying transparency rejected: 49.6M for, 102.4M against.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
L3HARRIS TECHNOLOGIES, INC. /DE/: Amended Restated Certificate of Incorporation to limit liability of officers (effective 2024-04-19).
- Change
- charter amendment
- Effective
- 2024-04-19
Exact text from the filing
On April 19, 2024, L3Harris Technologies, Inc. (the “Company”) amended its Restated Certificate of Incorporation by filing a Certificate of Amendment with the Secretary of State of the State of Delaware. The Certificate of Amendment reflected an amendment to limit liability of officers as permitted by law, as approved by the holders of more than a majority of the Company’s shares outstanding and entitled to vote at the 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”) and as described in Item 5.07 below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
L3HARRIS TECHNOLOGIES, INC. /DE/ shareholders approved Election of Directors at the 2024-04-19 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-04-19
Exact text from the filing
1) Proposal 1 – Election of Directors . The Company’s shareholders elected each of the fourteen nominees to the Company’s Board of Directors ("Board") for a 1-year term expiring at the 2025 Annual Meeting, or until their successors are elected and qualified. The voting results for each of the nominees are as follows: Number of Shares Nominee For Against Abstain Broker Non-Votes Sallie B. Bailey 151,292,928 2,546,929 458,171 14,958,914
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
L3HARRIS TECHNOLOGIES, INC. /DE/ shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2024-04-19 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-04-19
Exact text from the filing
2) Proposal 2 – Advisory Vote to Approve Named Executive Officer Compensation . The Company’s shareholders approved the compensation of the Company’s named executive officers, in an advisory vote, and the voting results are as follows : Number of Shares For Against Abstain Broker Non-Votes 141,472,816 12,093,285 731,927 14,958,914
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
L3HARRIS TECHNOLOGIES, INC. /DE/ shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-04-19 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-04-19
Exact text from the filing
4) Proposal 4 – Ratification of Appointment of Independent Registered Public Accounting Firm . The Company’s shareholders ratified the Audit Committee of the Board’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 3, 2025, and the voting results are as follows : Number of Shares For Against Abstain 162,112,572 6,797,524 346,846
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
L3HARRIS TECHNOLOGIES, INC. /DE/ shareholders approved Approval of the L3Harris Technologies, Inc. 2024 Equity Incentive Plan at the 2024-04-19 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-04-19
Exact text from the filing
3) Proposal 3 – Approval of the L3Harris Technologies, Inc. 2024 Equity Incentive Plan . The Company’s shareholders approved the Company's 2024 Equity Incentive Plan, and the voting results are as follows : Number of Shares For Against Abstain Broker Non-Votes 142,777,481 10,803,321 717,226 14,958,914
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
L3HARRIS TECHNOLOGIES, INC. /DE/ shareholders approved Amendment of the L3Harris Technologies, Inc. Restated Certificate of Incorporation to limit liability of officers at the 2024-04-19 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-04-19
Exact text from the filing
5) Proposal 5 – Amendment of the L3Harris Technologies, Inc. Restated Certificate of Incorporation . The Company’s shareholders approved the amendment of the Company's Restated Certificate of Incorporation to limit liability of officers as permitted by law, and the voting results are as follows : Number of Shares For Against Abstain Broker Non-Votes 137,004,777 16,658,441 634,810 14,958,914
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
L3HARRIS TECHNOLOGIES, INC. /DE/ shareholders rejected Shareholder Proposal: Transparency in Lobbying at the 2024-04-19 meeting.
- Outcome
- failed
- Meeting
- 2024-04-19
Exact text from the filing
6) Proposal 6 – Shareholder Proposal . The Company’s shareholders rejected the Shareholder Proposal titled “Transparency in Lobbying,” and the voting results are as follows : Number of Shares For Against Abstain Broker Non-Votes 49,608,790 102,427,315 2,261,923 14,958,914
View on SEC.gov
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