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
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	+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

Showing 1 to 4 of 4 entries

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.