UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 20, 2007 HARRIS & HARRIS GROUP, INC. --------------------------------------------------------------------- (Exact name of registrant as specified in its charter) New York 0-11576 13-3119827 ---------------------------------------------------------------------- (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation) Number) Identification No.) 111 West 57th Street New York, New York 10019 ---------------------------------------------------------------------- (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (212) 582-0900 --------------- Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 20, 2007, Mark A. Parsells informed the Company that he will not be standing for re-election at the 2007 Annual Meeting of Shareholders on May 3, 2007. Mr. Parsells has been a Director since November 2003, and currently sits on the Executive, Nominating, Valuation and Independent Directors' Committee. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 21, 2007 HARRIS & HARRIS GROUP, INC. By: /s/ Charles E. Harris ------------------------ Charles E. Harris Chief Executive Officer 3