Walter Jankovic - Feb 22, 2025 Form 4 Insider Report for HARMONIC INC (HLIT)

Role
Chief Financial Officer
Signature
/s/ Wendi Ninh, Attorney-in-Fact
Stock symbol
HLIT
Transactions as of
Feb 22, 2025
Transactions value $
-$24,596
Form type
4
Date filed
2/25/2025, 08:47 PM
Previous filing
Feb 19, 2025
Next filing
May 19, 2025
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 +6.64K +9.68% $0.00 75.3K Feb 22, 2025 Direct
transaction HLIT Common Stock Tax liability -$24.6K -2.34K -3.11% $10.52 72.9K Feb 22, 2025 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 -6.64K -16.67% $0.00 33.2K Feb 22, 2025 Common Stock 6.64K $0.00 Direct F1
transaction HLIT Restricted Stock Units Award $0 +102K $0.00 102K Feb 22, 2025 Common Stock 102K $0.00 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 2/15/2026, 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.