Sanjay Kalra - 01 Sep 2021 Form 4 Insider Report for HARMONIC INC (HLIT)

Signature
/s/ Laura Donovan By Attorney-in-Fact: Laura Donovan
Issuer symbol
HLIT
Transactions as of
01 Sep 2021
Net transactions value
$0
Form type
4
Filing time
03 Sep 2021, 15:35:51 UTC
Previous filing
17 Aug 2021
Next filing
16 Nov 2021

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 Unit Award $0 +150,000 $0.000000 150,000 01 Sep 2021 Common Stock 150,000 $0.000000 Direct F1, F2
transaction HLIT Restricted Stock Unit Award $0 +50,000 $0.000000 50,000 01 Sep 2021 Common Stock 50,000 $0.000000 Direct F1, F3
* 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 Thirty three and one third percent of the Shares subject to the Restricted Stock Unit (RSU) Grant are scheduled to vest twelve months after the Vesting Commencement Date, and equal increments of the Shares subject to the RSU are scheduled to vest quarterly thereafter, until fully vested on the third anniversary of the Vesting Commencement Date.
F3 One hundred percent of the Shares subject to the Restricted Stock Unit (RSU) Grant are scheduled to vest twelve months after the Vesting Commencement Date.