Patrick Harshman - May 15, 2021 Form 4 Insider Report for HARMONIC INC (HLIT)

Role
President and CEO, Director
Signature
/s/ Laura Donovan By Attorney-in-Fact: Laura Donovan
Stock symbol
HLIT
Transactions as of
May 15, 2021
Transactions value $
-$117,229
Form type
4
Date filed
5/18/2021, 04:18 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIT Common Stock Options Exercise $0 +16.7K +1.53% $0.00 1.11M May 15, 2021 Direct F1
transaction HLIT Common Stock Tax liability -$61.2K -8.77K -0.79% $6.98 1.1M May 15, 2021 Direct F2
transaction HLIT Common Stock Options Exercise $0 +15.2K +1.39% $0.00 1.12M May 15, 2021 Direct F3
transaction HLIT Common Stock Tax liability -$56K -8.02K -0.72% $6.98 1.11M May 15, 2021 Direct F2

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 -16.7K -25% $0.00 50K May 15, 2021 Common Stock 16.7K $0.00 Direct
transaction HLIT Restricted Stock Units Options Exercise $0 -15.2K -12.5% $0.00 107K May 15, 2021 Common Stock 15.2K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were acquired upon the vesting of restricted stock units on 5/15/2021. These restricted stock units were initially granted to the Reporting Person on 4/15/2019, and were identified on a Form 4 filed by the Reporting Person on 4/17/2019.
F2 Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
F3 These shares of common stock were acquired upon the vesting of restricted stock units on 5/15/2021. These restricted stock units were initially granted to the Reporting Person on 2/24/2020, and were identified on a Form 4 filed by the Reporting Person on February 26, 2020.