SEC Form 4 · accession 0001209191-18-021349
HARMONIC INC. · HLIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nimrod Ben-Natan
Officer — SVP & GM, Cable Access
Period of report
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 8:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000851310
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Mar 20, 2018 | A | 120,000 | A | Feb 15, 2019 | Feb 15, 2021 | Common Stock | 120,000 | 120,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
- F2One third (33.33%) of the Shares subject to the Restricted Stock Units are scheduled to vest on February 15, 2019, and approximately 8.33% of the remaining Restricted Stock Units will vest each three months thereafter, so as to be 100% vested on the third anniversary of the RSU Vesting Commencement Date.