SEC Form 4 · accession 0001209191-19-007820
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
Feb 4, 2019
Accepted (ET)
Feb 6, 2019 · 5:21 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 4, 2019 | M | 60,000 | $0.00 | A | 825,880 | D | |
| Common StockF2 | Feb 4, 2019 | F | 21,671 | $5.40 | D | 804,209 | 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 ("PRSUs") on 2/4/2019. The PRSUs were granted on April 18, 2018 and achievement of the performance condition for vesting was confirmed by the Compensation Committee of the Company's Board of Directors.
- F2Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.