SEC Form 4 · accession 0001209191-15-067405
HARMONIC INC. · HLIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bart Spriester
Officer — SVP, Video Products
Period of report
Aug 19, 2015
Accepted (ET)
Aug 21, 2015 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000851310
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Aug 19, 2015 | A | 8,889 | A | Mar 1, 2016 | Mar 1, 2016 | Common Stock | 8,889 | 8,889 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
- F2The RSUs will vest between 68.75% and 100% of the total grant based on performance against certain Company earnings per share targets in fiscal year 2015, as determined by the Compensation Committee of the Company on or before March 1, 2016.