Sec Form 4 Filing - THOMSEN CARL @ Harris Stratex Networks, Inc. - 2007-03-14

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
THOMSEN CARL
2. Issuer Name and Ticker or Trading Symbol
Harris Stratex Networks, Inc. [ HSTX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
RESEARCH TRIANGLE PARK, 637 DAVIS DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
03/14/2007
(Street)
MORRISVILLE, NC27560
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Class A Common Stock 03/14/2007 S 1,250 D $ 19.266 14,834 D
Class A Common Stock 03/14/2007 M 5,000 A $ 6.88 19,834 D
Class A Common Stock 03/14/2007 S 5,000 D $ 19.266 14,834 D
Class A Common Stock 03/14/2007 M 20,000 A $ 16.04 34,834 D
Class A Common Stock 03/14/2007 S 20,000 D $ 19.266 14,834 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Non-Qualified Stock Option (right to buy) $ 6.88 03/14/2007 M 5,000 03/31/2006 06/30/2012 Class A Common Stock 5,000 $ 6.88 0 D
Non-Qualified Stock Option (right to buy) $ 16.04 03/14/2007 M 20,000 01/26/2007 01/26/2013 Class A Common Stock 20,000 $ 16.04 10,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
THOMSEN CARL
RESEARCH TRIANGLE PARK
637 DAVIS DRIVE
MORRISVILLE, NC27560
See Remarks
Signatures
/s/ Carl Thomsen 03/16/2007
Signature of Reporting Person Date
Explanation of Responses:

Remarks:
Former Sr. Vice President & CFO of Stratex Networks, Inc.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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