AI assistant
HARMONIC INC. — Director's Dealing 2015
Mar 17, 2015
32122_dirs_2015-03-17_a4e71c7e-e216-4403-a907-adfb246266a2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HARMONIC INC (HLIT)
CIK: 0000851310
Period of Report: 2015-03-13
Reporting Person: Ben-Natan Nimrod (SVP and GM, Edge Business)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-13 | Restricted Stock Units | $0.00 | A | 27333 | Acquired | 2018-02-15 | Common Stock (27333) | Direct |
| 2015-03-13 | Stock Option/Right to buy | $7.58 | A | 80000 | Acquired | 2022-03-13 | Common Stock (80000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Harmonic common stock.
F2: Forty percent of the shares subject to the restricted stock units are scheduled to vest on February 15, 2016, and fifteen percent of the restricted stock units are scheduled to vest semi-annually thereafter so as to be 100% vested on February 15, 2018.
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.