L3Harris grants $25M in performance-based equity awards to three top executives

L3HARRIS TECHNOLOGIES, INC. /DE/

Special one-time equity awards approved for CFO Sharp ($5M), Bedingfield ($10M), Mehta ($10M).
Awards are 50% PSUs and 50% RSUs, cliff-vest at end of FY2029, subject to continued employment.
PSUs tied to compounded organic revenue growth (50% weight) and avg segment operating margin (50% weight) over FY2027-2029.
Payout range 0%-200% of target; pro-rata vesting on involuntary termination without cause.
No vesting on voluntary termination or retirement.

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