SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* KENNARD PAUL (Last) (First) (Middle) RESEARCH TRIANGLE DRIVE 637 DAVIS DRIVE (Street) MORRISVILLE NC 27560 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Harris Stratex Networks, Inc. [ STXN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Technical Officer
	3. Date of Earliest Transaction (Month/Day/Year) 01/26/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	01/26/2007		D		92,839	D	(1)	92,839	D
Class A Common Stock	01/26/2007		D		3,300	D	(2)	3,300	I	By Son
Class A Common Stock	01/26/2007		D		3,300	D	(2)	3,300	I	By Daughter

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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: 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)	$30.0625	01/26/2007		D			35,000	01/26/2007	05/09/2010	Class A Common Stock	35,000	(3)	35,000	D
Employee Stock Option (right to buy)	$13.1875	01/26/2007		D			40,000	01/26/2007	05/13/2007	Class A Common Stock	40,000	(4)	40,000	D
Employee Stock Option (right to buy)	$7.25	01/26/2007		D			75,000	01/26/2007	06/25/2008	Class A Common Stock	75,000	(5)	75,000	D
Employee Stock Option (right to buy)	$2.9375	01/26/2007		D			127	01/26/2007	10/19/2008	Class A Common Stock	127	(6)	127	D
Employee Stock Option (right to buy)	$12.125	01/26/2007		D			25,000	01/26/2007	05/03/2009	Class A Common Stock	25,000	(7)	25,000	D
Employee Stock Option (right to buy)	$6.1	01/26/2007		D			35,000	01/26/2007	10/22/2011	Class A Common Stock	35,000	(8)	35,000	D
Employee Stock Option (right to buy)	$2.01	01/26/2007		D			75,000	01/26/2007	06/28/2012	Class A Common Stock	75,000	(9)	75,000	D
Employee Stock Option (right to buy)	$2.05	01/26/2007		D			85,000	01/26/2007	12/20/2009	Class A Common Stock	85,000	(10)	85,000	D
Employee Stock Option (right to buy)	$4.38	01/26/2007		D			150,000	(11)	03/30/2011	Class A Common Stock	150,000	(11)	150,000	D
Employee Stock Option (right to buy)	$1.72	01/26/2007		D			50,000	01/26/2007	06/30/2011	Class A Common Stock	50,000	(12)	50,000	D
Employee Stock Option (right to buy)	$4.01	01/26/2007		D			120,000	(13)	06/06/2013	Class A Common Stock	120,000	(13)	120,000	D

Explanation of Responses:

1. Disposed of pursuant to the merger of Stratex Merger Corp., a wholly owned subsidiary of Harris Stratex Networks, Inc., with and into Stratex Netwroks, Inc. with Stratex Networks, Inc. as the surviving corporation (the "Merger") in exchange for 23,209 shares of Harris Stratex Networks, Inc. Class A common stock valued as of the effective date of the Merger at $18.76 per share.

2. Disposed of pursuant to the Merger of in exchange for 825 shares of Harris Stratex Networks, Inc. Class A common stock valued as of the effective date of the Merger at $18.76 per share.

3. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 8,750 shares of Harris Stratex Networks, Inc. Class A common stock at $120.25

4. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 10,000 shares of Harris Stratex Networks, Inc. Class A common stock at $52.75.

5. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 18,750 shares of Harris Stratex Networks, Inc. Class A common stock at $29.00.

6. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 31 shares of Harris Stratex Networks, Inc. Class A common stock at $11.75.

7. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 6,250 shares of Harris Stratex Networks, Inc. Class A common stock at $48.50

8. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 8,750 shares of Harris Stratex Networks, Inc. Class A common stock at $24.40.

9. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 18,750 shares of Harris Stratex Networks, Inc. Class A common stock at $8.04.

10. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 21,250 shares of Harris Stratex Networks, Inc. Class A common stock at $8.20.

11. The option vests at a rate of 1/4th of the shares subject to the option on the first anniversary of the grant date (3/30/2004) and 1/36th of the remaining shares subject to the option each month thereafter was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 37,500 shares of Harris Stratex Networks, Inc. Class A common stock for $17.52 per share.

12. The option was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 12,500 shares of Harris Stratex Networks, Inc. Class A common stock at $6.88.

13. The option vests at a rate of 1/3rd of the shares subject to the option on the first anniversary of the grant date (6/6/2006) and 1/24th of the remaining shares subject to the option each month thereafter was assumed by Harris Stratex Networks, Inc. in the Merger and replaced with an option to purchase 30,000 shares of Harris Stratex Networks, Inc. Class A common stock for $16.04 per share.

	/s/ John O'Neil, VP of Human Resources	01/30/2007
	** Signature of Reporting Person	Date
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