Neven Haltmayer - 15 Feb 2024 Form 4 Insider Report for HARMONIC INC (HLIT)

Role
SVP, Video R&D
Signature
/s/ Wendi Ninh, Attorney-in-Fact
Issuer symbol
HLIT
Transactions as of
15 Feb 2024
Net transactions value
-$258,541
Form type
4
Filing time
20 Feb 2024, 21:48:49 UTC
Previous filing
06 Mar 2024
Next filing
17 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIT Common Stock Options Exercise $0 +34,710 +18% $0.000000 225,472 15 Feb 2024 Direct
transaction HLIT Common Stock Tax liability $258,541 -18,913 -8.4% $13.67 206,559 15 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLIT Restricted Stock Units Options Exercise $0 -7,450 -100% $0.000000* 0 15 Feb 2024 Common Stock 7,450 $0.000000 Direct F1
transaction HLIT Restricted Stock Units Options Exercise $0 -6,398 -20% $0.000000 25,592 15 Feb 2024 Common Stock 6,398 $0.000000 Direct F1
transaction HLIT Restricted Stock Units Options Exercise $0 -667 -17% $0.000000 3,334 15 Feb 2024 Common Stock 667 $0.000000 Direct F1
transaction HLIT Restricted Stock Units Options Exercise $0 -20,195 -33% $0.000000 40,390 15 Feb 2024 Common Stock 20,195 $0.000000 Direct F1
transaction HLIT Restricted Stock Units Award $0 +70,218 $0.000000 70,218 16 Feb 2024 Common Stock 70,218 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
F2 One third (33.33%) of the Shares subject to the Restricted Stock Units are scheduled to vest on 2/15/2025, 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.