SEC Form 4 · accession 0001209191-15-069643
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
Sep 2, 2015
Accepted (ET)
Sep 4, 2015 · 3:59 pm EDT
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 | Sep 2, 2015 | M | 25,000 | $0.00 | A | 25,000 | D | |
| Common StockF2 | Sep 2, 2015 | F | 9,478 | $5.70 | D | 15,522 | 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 | Sep 2, 2015 | M | 25,000 | D | Sep 2, 2015 | Sep 2, 2016 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1These shares of common stock were acquired upon the vesting of restricted stock units on September 2, 2015. These restricted stock units were initially granted to the Reporting Person on September 6, 2014, and were identified on a Form 3 filed by the Reporting Person on February 4, 2015.
- F2Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.