SEC Form 4 · accession 0001209191-17-012170
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
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 4:40 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, 2017 | M | 2,600 | $0.00 | A | 41,071 | D | |
| Common StockF2 | Feb 15, 2017 | F | 1,134 | $5.70 | D | 39,937 | D | |
| Common StockF3 | Feb 15, 2017 | M | 18,111 | $0.00 | A | 58,048 | D | |
| Common StockF2 | Feb 15, 2017 | F | 7,546 | $5.70 | D | 50,502 | 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 | Feb 15, 2017 | M | 2,600 | D | Feb 15, 2016 | Feb 15, 2018 | Common Stock | 2,600 | 5,199 | D |
| Restricted Stock | $0.00 | Feb 15, 2017 | M | 18,111 | D | Feb 15, 2017 | Feb 15, 2018 | Common Stock | 18,111 | 18,111 | D |
Explanation of responses
- F1These shares of common stock were acquired upon the vesting of restricted stock units on 2/15/2017. These restricted stock units were initially granted to the Reporting Person on 3/13/2015, and were identified on a Form 4 filed by the Reporting Person on 3/17/2015.
- F2Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
- F3These shares of common stock were acquired upon the vesting of restricted stock units on 2/15/2017. These restricted stock units were initially granted to the Reporting Person on 3/14/2016, and were identified on a Form 4 filed by the Reporting Person on 3/16/2016.