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HARMONIC INC. — Director's Dealing 2022
May 17, 2022
32122_dirs_2022-05-17_f017b53c-586f-40b8-96ca-c6ebacfa4fac.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: 2022-05-15
Reporting Person: HARSHMAN PATRICK (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-15 | Common Stock | M | 31789 | $0.00 | Acquired | 644544 | Direct |
| 2022-05-15 | Common Stock | F | 16736 | $8.88 | Disposed | 627808 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-15 | Restricted Stock Units | $0.00 | M | 15236 | Disposed | 2023-02-15 | Common Stock (15236) | Direct |
| 2022-05-15 | Restricted Stock Units | $0.00 | M | 16554 | Disposed | 2024-02-15 | Common Stock (16554) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option/Right to buy | $3.14 | 2023-03-14 | Common Stock (30000) | 30000 | Direct |
Footnotes
F1: Reflects an adjustment of 612,795 shares of common stock to his ex-spouse pursuant to a marital settlement agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
F2: Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
F3: Since the date of the reporting person's last ownership report, he transferred 30,000 fair market value non-qualified stock options to his ex-spouse pursuant to a marital settlement agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.