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HARMONIC INC. — Director's Dealing 2021
Feb 17, 2021
32122_dirs_2021-02-17_a0bc5b4f-2241-4e51-981a-9807ec21fba6.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: Ben-Natan Nimrod (SVP & GM, Cable Access)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-15 | Common Stock | M | 10000 | $0.00 | Acquired | 398466 | Direct |
| 2021-02-15 | Common Stock | M | 8334 | $0.00 | Acquired | 406800 | Direct |
| 2021-02-15 | Common Stock | M | 29600 | $0.00 | Acquired | 436400 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 10000 | Disposed | 2021-02-15 | Common Stock (10000) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 8334 | Disposed | 2022-02-15 | Common Stock (8334) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 29600 | Disposed | 2023-02-15 | Common Stock (29600) | Direct |
| 2021-02-16 | Restricted Stock | $0.00 | A | 108557 | Acquired | 2024-02-15 | Common Stock (108557) | 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 3/20/2018, and were identified on a Form 4 filed by the Reporting Person on 3/22/2018.
F2: 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 4/15/2019, and were identified on a Form 4 filed by the Reporting Person on 4/17/2019.
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 2/24/2020, and were identified on a Form 4 filed by the Reporting Person on 2/26/2020.
F4: Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
F5: 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.