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HARMONIC INC. — Director's Dealing 2021
Feb 17, 2021
32122_dirs_2021-02-17_5c2a97b2-b3cf-4c23-ae4c-d8fa6af4916b.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: 2021-02-15
Reporting Person: Graham Ian (SVP, Global Sales & Video Svcs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-15 | Common Stock | M | 4167 | $0.00 | Acquired | 70309 | Direct |
| 2021-02-15 | Common Stock | F | 2274 | $7.605 | Disposed | 68035 | Direct |
| 2021-02-15 | Common Stock | M | 4583 | $0.00 | Acquired | 72618 | Direct |
| 2021-02-15 | Common Stock | F | 2501 | $7.605 | Disposed | 70117 | Direct |
| 2021-02-15 | Common Stock | M | 16366 | $0.00 | Acquired | 86483 | Direct |
| 2021-02-15 | Common Stock | F | 8934 | $7.605 | Disposed | 77549 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 4167 | Disposed | 2021-02-15 | Common Stock (4167) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 4583 | Disposed | 2022-02-15 | Common Stock (4583) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 16366 | Disposed | 2023-02-15 | Common Stock (16366) | Direct |
| 2021-02-16 | Restricted Stock | $0.00 | A | 83014 | Acquired | 2024-02-15 | Common Stock (83014) | Direct |
Footnotes
F1: These shares of common stock were acquired upon the vesting of restricted stock units on 2/15/2021. These restricted stock units were initially granted to the Reporting Person on March 20, 2018, and were identified on a Form 3 filed by the Reporting Person on August 7, 2020.
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 2/15/2021. These restricted stock units were initially granted to the Reporting Person on June 22, 2019, and were identified on a Form 3 filed by the Reporting Person on August 7, 2020.
F4: These shares of common stock were acquired upon the vesting of restricted stock units on 2/15/2021. These restricted stock units were initially granted to the Reporting Person on 2/24/2020, and were identified on a Form 3 filed by the Reporting Person on August 7, 2020.
F5: Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
F6: One third (33.33%) of the Shares subject to the Restricted Stock Units are scheduled to vest on February 15, 2022, and approximately 8.33% of the remaining Restricted Stock Units will vest each three months thereafter, so as to be 100% vested on the third anniversary of the RSU Vesting Commencement Date.