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HARMONIC INC. — Director's Dealing 2011
Feb 14, 2011
32122_dirs_2011-02-14_86429e6f-4b9a-4483-973a-2115edc97703.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: HARMONIC INC (HLIT)
CIK: 0000851310
Period of Report: 2011-02-08
Reporting Person: Carrington Mark (VP of Worldwide Sales)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 448 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0.00 | 2014-02-15 | Common Stock (30000) | Direct | |
| Restricted Stock Units | $0.00 | 2014-02-15 | Common Stock (14000) | Direct | |
| Restricted Stock Units | $0.00 | 2014-11-15 | Common Stock (15000) | Direct | |
| Stock Option/Right to Buy | $6.56 | 2017-01-04 | Common Stock (60000) | Direct | |
| Stock Option/Right to Buy | $6.41 | 2017-02-19 | Common Stock (26000) | Direct | |
| Stock Option/Right to Buy | $6.76 | 2017-11-30 | Common Stock (25000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Harmonic common stock.
F2: 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.
F3: Twenty five percent of the shares subject to the restricted stock units are scheduled to vest on November 15, 2011, and twelve and one half percent of the restricted stock units are scheduled to vest on each of May 15, 2012, November 15, 2012, May 15, 2013, November 15, 2013, May 15, 2014 and November 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 monthly thereafter.
F5: Twenty-five percent of the Shares subject to the Option were scheduled to vest twelve months after the Vesting Commencement Date, and one forty eighth of the Shares subject to the Option were scheduled to vest on the 15th day of each month thereafter.