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HARMONIC INC. — Director's Dealing 2012
Aug 17, 2012
32122_dirs_2012-08-17_187a4e58-c772-45fa-8edf-3631679798fa.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: 2012-08-15
Reporting Person: HARSHMAN PATRICK (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-15 | Common Stock | A | 13125 | $0.00 | Acquired | 177181 | Direct |
| 2012-08-15 | Common Stock | F | 4814 | $4.42 | Disposed | 172367 | Direct |
| 2012-08-15 | Common Stock | A | 13125 | $0.00 | Acquired | 185492 | Direct |
| 2012-08-15 | Common Stock | F | 4814 | $4.42 | Disposed | 180678 | Direct |
| 2012-08-15 | Common Stock | A | 10000 | $0.00 | Acquired | 190678 | Direct |
| 2012-08-15 | Common Stock | F | 3668 | $4.42 | Disposed | 187010 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-15 | Restricted Stock Units | $0.00 | M | 13125 | Disposed | 2013-02-15 | Common Stock (13125) | Direct |
| 2012-08-15 | Restricted Stock Units | $0.00 | M | 13125 | Disposed | 2014-02-15 | Common Stock (13125) | Direct |
| 2012-08-15 | Restricted Stock Units | $0.00 | M | 10000 | Disposed | 2015-02-15 | Common Stock (10000) | Direct |
Footnotes
F1: These shares of common stock were acquired upon the vesting of restricted stock units on 8/15/2012. These restricted stock units were initially granted to Mr. Harshman on 2/24/2009, and were identified on a Form 4 filed by Mr. Harshman on 2/26/2009.
F2: Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
F3: These shares of common stock were acquired upon the vesting of restricted stock units on 8/15/2012. These restricted stock units were initially granted to Mr. Harshman on 2/19/2010, and were identified on a Form 4 filed by Mr. Harshman on 2/23/2010.
F4: These shares of common stock were acquired upon the vesting of restricted stock units on 8/15/2012. These restricted stock units were initially granted to Mr. Harshman on 3/4/2011, and were identified on a Form 4 filed by Mr. Harshman on 3/8/2011.
F5: Beginning with the Form 4 filed by the Reporting Person on 2/26/2009, the restricted stock units granted on 2/24/2009 appeared on Table I. Footnotes in subsequent reports indicated that shares appearing on Table I included the unvested restricted stock units from the 2/24/2009 grant. Through administrative error, actual beneficial ownership from the 2009 grant has been historically overstated by 78,300 shares, and this is corrected herewith.