Nimrod Ben-Natan - 15 Feb 2024 Form 4 Insider Report for HARMONIC INC (HLIT)

Role
SVP & GM, Broadband Business
Signature
/s/ Wendi Ninh, Attorney-in-Fact
Issuer symbol
HLIT
Transactions as of
15 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 21:44:06 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 +39,058 +11% $0.000000 402,214 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 -9,047 -100% $0.000000* 0 15 Feb 2024 Common Stock 9,047 $0.000000 Direct F1
transaction HLIT Restricted Stock Units Options Exercise $0 -6,798 -20% $0.000000 27,192 15 Feb 2024 Common Stock 6,798 $0.000000 Direct F1
transaction HLIT Restricted Stock Units Options Exercise $0 -23,213 -33% $0.000000 46,425 15 Feb 2024 Common Stock 23,213 $0.000000 Direct F1
transaction HLIT Restricted Stock Units Award $0 +80,710 $0.000000 80,710 16 Feb 2024 Common Stock 80,710 $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.