Ian Graham - Feb 15, 2024 Form 4 Insider Report for HARMONIC INC (HLIT)

Role
SVP, Global Sales & Video Svcs
Signature
/s/ Wendi Ninh, Attorney-in-Fact
Stock symbol
HLIT
Transactions as of
Feb 15, 2024
Transactions value $
-$202,986
Form type
4
Date filed
2/20/2024, 09:46 PM
Previous filing
Mar 6, 2024
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIT Common Stock Options Exercise $0 +27.2K +20.95% $0.00 157K Feb 15, 2024 Direct
transaction HLIT Common Stock Tax liability -$203K -14.8K -9.45% $13.67 142K Feb 15, 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 -6.92K -100% $0.00* 0 Feb 15, 2024 Common Stock 6.92K $0.00 Direct F1
transaction HLIT Restricted Stock Units Options Exercise $0 -5.2K -20% $0.00 20.8K Feb 15, 2024 Common Stock 5.2K $0.00 Direct F1
transaction HLIT Restricted Stock Units Options Exercise $0 -15.1K -33.33% $0.00 30.2K Feb 15, 2024 Common Stock 15.1K $0.00 Direct F1
transaction HLIT Restricted Stock Units Award $0 +52.5K $0.00 52.5K Feb 16, 2024 Common Stock 52.5K $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 2/15/2025, 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.