SEC Form 4 · accession 0001209191-15-015260
HARMONIC INC. · HLIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Stromeyer
Officer — SVP of Worldwide Sales
Period of report
Feb 15, 2015
Accepted (ET)
Feb 18, 2015 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000851310
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 15, 2015 | M | 11,250 | $0.00 | A | 42,650 | D | |
| Common StockF2,F3 | Feb 15, 2015 | F | 4,473 | $7.90 | D | 38,177 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units | $0.00 | Feb 15, 2015 | M | 11,250 | D | Feb 15, 2015 | Feb 15, 2016 | Common Stock | 11,250 | 11,250 | D |
Explanation of responses
- F1These shares of common stock were acquired upon the vesting of restricted stock units on 2/15/2015. These restricted stock units were initially granted to the Reporting Person on 3/14/2014, and were identified on a Form 4 filed by the Reporting Person on 3/18/2014.
- F2Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
- F3This balance of shares includes 1,223 shares of common stock acquired by the Reporting Person in the company employee stock purchase plan purchase of July 1, 2014, and 1,451 shares of common stock acquired by the Reporting Person in the Harmonic employee stock purchase plan purchase of January 2, 2015.