SEC Form 4 · accession 0001209191-18-018614
HARMONIC INC. · HLIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanjay Kalra
Officer — Chief Financial Officer
Period of report
Mar 8, 2018
Accepted (ET)
Mar 9, 2018 · 6:32 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 | Mar 8, 2018 | M | 17,330 | $0.00 | A | 39,198 | D | |
| Common StockF2 | Mar 9, 2018 | S | 6,496 | $3.5298 | D | 32,702 | D | |
| Common StockF1 | Mar 8, 2018 | M | 9,167 | $0.00 | A | 41,869 | D | |
| Common StockF2 | Mar 9, 2018 | S | 3,959 | $3.5298 | D | 37,910 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of common stock were acquired upon the vesting of performance-based restricted stock units on March 8, 2018.
- F2Represents the number of shares automatically sold to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its 1995 Stock Plan to enable the satisfaction of tax withholding obligations with funding from a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.