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HARMONIC INC. — Director's Dealing 2014
Mar 18, 2014
32122_dirs_2014-03-18_38c9cd90-73e3-4a94-89ec-0ba44e852127.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: 2014-03-14
Reporting Person: AVER CAROLYN V (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-14 | Restricted Stock Units | $0.00 | A | 28000 | Acquired | 2016-02-15 | Common Stock (28000) | Direct |
| 2014-03-14 | Right to buy | $6.49 | A | 117000 | Acquired | 2018-02-15 | Common Stock (117000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Harmonic common stock.
F2: Fifty percent of the shares subject to the restricted stock units are scheduled to vest on February 15, 2015, and twenty five percent of the restricted stock units are scheduled to vest semi-annually thereafter so as to be 100% vested on February 15, 2016.
F3: 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.