HARMONIC INC. — Director's Dealing 2017

May 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HARMONIC INC (HLIT)
CIK: 0000851310
Period of Report: 2017-05-11

Reporting Person: COVERT HAROLD L (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-11	Common Stock	S	11444	$5.143	Disposed	0	Direct
2017-05-11	Common Stock	M	1728	$3.14	Acquired	1728	Direct
2017-05-11	Common Stock	S	1728	$5.15	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-11	Stock Option/Right to Buy	$3.14	M	1728	Disposed	2023-03-14	Common Stock (1728)	Direct

Footnotes

F1: These shares of common stock were acquired upon the exercise of stock options on 5/11/2017. These options were initially granted to the Reporting Person on 3/14/2016, and were identified on a Form 4 filed by the Reporting Person on 3/16/2016.