HARMONIC INC. — Director's Dealing 2020

Aug 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HARMONIC INC (HLIT)
CIK: 0000851310
Period of Report: 2020-08-15

Reporting Person: Kalra Sanjay (SVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-15	Common Stock	M	8333	$0.00	Acquired	165744	Direct
2020-08-15	Common Stock	F	7501	$6.72	Disposed	158243	Direct
2020-08-15	Common Stock	M	9583	$0.00	Acquired	167826	Direct
2020-08-15	Common Stock	F	8627	$6.72	Disposed	159199	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-15	Restricted Stock Units	$0.00	M	8333	Disposed	2021-02-15	Common Stock (8333)	Direct
2020-08-15	Restricted Stock Units	$0.00	M	9583	Disposed	2022-02-15	Common Stock (9583)	Direct

Footnotes

F1: These shares of common stock were acquired upon the vesting of restricted stock units on 8/15/2020. These restricted stock units were initially granted to the Reporting Person on 3/20/2018, and were identified on a Form 4 filed by the Reporting Person on 3/22/2018.

F2: Includes 1,500 shares of common stock acquired in the company's Section 16-b exempt employee stock purchase plan on 7/1/2020.

F3: Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.

F4: These shares of common stock were acquired upon the vesting of restricted stock units on 8/15/2020. These restricted stock units were initially granted to the Reporting Person on 4/15/2019, and were identified on a Form 4 filed by the Reporting Person on 4/17/2019.

F5: Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.