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HARMONIC INC. — Director's Dealing 2021
Feb 17, 2021
32122_dirs_2021-02-17_f32a32d1-9f51-4411-aaa8-7de282e1f5b5.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: Kalra Sanjay (SVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-15 | Common Stock | M | 8334 | $0.00 | Acquired | 143525 | Direct |
| 2021-02-15 | Common Stock | F | 4645 | $7.605 | Disposed | 138880 | Direct |
| 2021-02-15 | Common Stock | M | 9584 | $0.00 | Acquired | 148464 | Direct |
| 2021-02-15 | Common Stock | F | 5007 | $7.605 | Disposed | 143457 | Direct |
| 2021-02-15 | Common Stock | M | 41790 | $0.00 | Acquired | 185247 | Direct |
| 2021-02-15 | Common Stock | F | 22002 | $7.605 | Disposed | 163245 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 8334 | Disposed | 2021-02-15 | Common Stock (8334) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 9584 | Disposed | 2022-02-15 | Common Stock (9584) | Direct |
| 2021-02-15 | Restricted Stock Units | $0.00 | M | 41790 | Disposed | 2023-02-15 | Common Stock (41790) | Direct |
| 2021-02-16 | Restricted Stock Units | $0.00 | A | 110153 | Acquired | 2024-02-15 | Common Stock (110153) | 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: 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 4/15/2019, and were identified on a Form 4 filed by the Reporting Person on 4/17/2019.
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 4 filed by the Reporting Person on 2/26/2020.
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.