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HARMONIC INC. — Director's Dealing 2011
Jan 28, 2011
32122_dirs_2011-01-28_eca34def-3bd4-4e7a-8663-8e0ae683401c.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: 2011-01-26
Reporting Person: Vasudevan Suresh (President of Omneon)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-26 | Common Stock | A | 24283 | $0.00 | Acquired | 93322 | Direct |
| 2011-01-26 | Common Stock | F | 9538 | $8.43 | Disposed | 83784 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-26 | Restricted Stock Units | $0.00 | D | 24283 | Disposed | Common Stock (24283) | Direct |
Footnotes
F1: These shares of common stock were acquired upon the vesting of restricted stock units on 1/26/2011. These restricted stock units were identified on a Form 3 filed by Mr. Vasudevan on November 1, 2010.
F2: Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
F3: These Restricted Stock Units converted from Omneon, Inc. Restricted Stock Units to Harmonic Inc. Restricted Stock Units in the merger dated September 15, 2010. 24,283 shares vest on the 26th of each month, as previously reported on Mr. Vasudevan's November 1, 2010 SEC Form 3 filing.