SEC Form 4 · accession 0001209191-18-037207
HARMONIC INC. · HLIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F Reddersen
Director
Period of report
Jun 8, 2018
Accepted (ET)
Jun 12, 2018 · 4:07 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 Stock | Jun 8, 2018 | M | 9,040 | $0.00 | A | 208,614 | 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 UnitF1,F2 | $0.00 | Jun 8, 2018 | M | 9,040 | D | Jun 8, 2018 | Jun 8, 2018 | Common Stock | 9,040 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
- F2In connection with Mr. Reddersen not standing for re-election at the Company's annual meeting of stockholders held on June 8, 2018 and retiring from the Company's board of directors, the vesting for Mr. Reddersen's annual restricted stock unit grant was prorated to the period he served on the Company's board, from the grant date to June 8, 2018. The grant was made on March 9, 2018 and reported in a Form 4 filed by the individual on March 12, 2018.