SEC Form 4 · accession 0001209191-17-033017
HARMONIC INC. · HLIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Harshman
Officer — President and CEO · Director
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 3:32 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 | May 15, 2017 | M | 11,773 | $0.00 | A | 566,157 | D | |
| Common StockF2 | May 15, 2017 | F | 4,424 | $5.20 | D | 561,733 | 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 | May 15, 2017 | M | 11,773 | D | Feb 15, 2017 | Feb 15, 2018 | Common Stock | 11,773 | 35,321 | D |
Explanation of responses
- F1These shares of common stock were acquired upon the vesting of restricted stock units on 5/15/2017. 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.
- F2Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.