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HARMONIC INC. — Director's Dealing 2010
Feb 23, 2010
32122_dirs_2010-02-23_efc7bb10-50c7-47ec-a6f7-75dc9d5a895b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HARMONIC INC (HLIT)
CIK: 0000851310
Period of Report: 2010-02-19
Reporting Person: Ben-Natan Nimrod (VP, Solutions & Strategy)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-02-19 | Restricted Stock Units | $0.00 | A | 6500 | Acquired | Common Stock (6500) | Direct | |
| 2010-02-19 | Restricted Stock Units | $0.00 | A | 42000 | Acquired | 2014-02-15 | Common Stock (42000) | Direct |
| 2010-02-19 | Stock Options (Right to Buy) | $6.41 | A | 78000 | Acquired | 2017-02-15 | Common Stock (78000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
F2: The shares subject to these restricted stock units are scheduled to vest in full on May 14, 2010.
F3: Twenty five percent of the shares subject to the restricted stock units are scheduled to vest on February 15, 2011, and twelve and one half percent of the restricted stock units are scheduled to vest on each of August 15, 2011, February 15, 2012, August 15, 2012, February 15, 2013, August 15, 2013 and February 15, 2014.
F4: Twenty-five percent of the Shares subject to the Option are scheduled to vest twelve months after the Vesting Commencement Date, and one forty eighth of the Shares subject to the Option are scheduled to vest on the 15th day of each month thereafter.