SEC Form 4 · accession 0001209191-16-151044
HARMONIC INC. · HLIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neven Haltmayer
Officer — Sr. Vice President, R&D
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 8:15 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 | Nov 15, 2016 | M | 3,231 | $0.00 | A | 59,148 | D | |
| Common StockF2 | Nov 15, 2016 | F | 1,214 | $4.60 | D | 57,934 | 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 Unit | $0.00 | Nov 15, 2016 | M | 3,231 | D | Nov 15, 2016 | Mar 1, 2017 | Common Stock | 3,231 | 20,463 | D |
Explanation of responses
- F1These shares of common stock were acquired upon the vesting of restricted stock units on 11/15/2016. These restricted stock units were initially granted to the Reporting Person on 8/19/2016, and were identified on a Form 4 filed by the Reporting Person on 8/23/2016.
- F2Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.