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HARMONIC INC. — Director's Dealing 2016
Feb 17, 2016
32122_dirs_2016-02-17_674dbbd7-1585-4edb-bff9-762596362333.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: 2016-02-15
Reporting Person: HARSHMAN PATRICK (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-15 | Common Stock | M | 13750 | $0.00 | Acquired | 459977 | Direct |
| 2016-02-15 | Common Stock | F | 5992 | $3.19 | Disposed | 453985 | Direct |
| 2016-02-15 | Common Stock | M | 13125 | $0.00 | Acquired | 467110 | Direct |
| 2016-02-15 | Common Stock | F | 5135 | $3.19 | Disposed | 461975 | Direct |
| 2016-02-15 | Common Stock | M | 24000 | $0.00 | Acquired | 485975 | Direct |
| 2016-02-15 | Common Stock | F | 8862 | $3.19 | Disposed | 477113 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-15 | Restricted Stock Units | $0.00 | M | 13750 | Disposed | 2016-02-15 | Common Stock (13750) | Direct |
| 2016-02-15 | Restricted Stock Units | $0.00 | M | 13125 | Disposed | 2016-02-15 | Common Stock (13125) | Direct |
| 2016-02-15 | Restricted Stock Units | $0.00 | M | 24000 | Disposed | 2018-02-15 | Common Stock (24000) | Direct |
| 2016-02-15 | Restricted Stock Units | $0.00 | J | 60000 | Disposed | 2016-02-15 | Common Stock (0) | Direct |
Footnotes
F1: These shares of common stock were acquired upon the vesting of restricted stock units on 2/15/2016. These restricted stock units were initially granted to the Reporting Person on 2/28/2012, and were identified on a Form 4 filed by the Reporting Person on 3/1/2012.
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 2/15/2016. These restricted stock units were initially granted to the recipient on 3/14/2014, and were identified on a Form 4 filed 3/18/2014.
F4: These shares of common stock were acquired upon the vesting of restricted stock units on 2/15/2016. These restricted stock units were initially granted to the Reporting Person on 3/13/2015, and were identified on a Form 4 filed by the Reporting Person on 3/17/2015.
F5: Zero percent of the shares of common stock subject to performance based restricted stock units were released on 2/15/2016. These restricted stock units were initially granted to the Reporting Person on 3/13/2015, and were identified on a Form 4 filed by the Reporting Person on 3/17/2015.