AI assistant
HARMONIC INC. — Director's Dealing 2017
Mar 3, 2017
32122_dirs_2017-03-03_fb0767c3-19c6-4e88-9a09-fd0881f105fe.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: 2017-03-01
Reporting Person: COVERT HAROLD L (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-01 | Common Stock | M | 19689 | $0.00 | Acquired | 133979 | Direct |
| 2017-03-01 | Common Stock | F | 7639 | $5.90 | Disposed | 126340 | Direct |
| 2017-03-02 | Common Stock | M | 10369 | $3.14 | Acquired | 136709 | Direct |
| 2017-03-02 | Common Stock | S | 10369 | $5.7167 | Disposed | 126340 | Direct |
| 2017-03-02 | Common Stock | S | 104631 | $5.7226 | Disposed | 21709 | Direct |
| 2017-03-03 | Common Stock | S | 10000 | $5.7215 | Disposed | 11709 | Direct |
| 2017-03-03 | Common Stock | S | 11709 | $5.6784 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-01 | Restricted Stock Unit | $0.00 | M | 19689 | Disposed | 2017-03-01 | Common Stock (19689) | Direct |
| 2017-03-02 | Stock Option/Right to buy | $3.14 | M | 10369 | Disposed | 2023-03-14 | Common Stock (10369) | Direct |
Footnotes
F1: These shares of common stock were acquired upon the vesting of performance-based restricted stock units on 3/1/2017. These performance-based restricted stock units were initially granted to the Reporting Person on 8/19/2016, and were identified on a Form 4 filed by the Reporting Person on 8/23/2016.
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 exercise of stock options on 3/2/2017. 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.