Patrick Harshman - May 15, 2022 Form 4/A - Amendment 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, 2022
Transactions value $
-$155,310
Form type
4/A - Amendment
Date filed
5/18/2022, 06:31 PM
Date Of Original Report
May 17, 2022
Previous filing
Feb 22, 2022
Next filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIT Common Stock Options Exercise $0 +31.8K +5.19% $0.00 645K May 15, 2022 Direct F1
transaction HLIT Common Stock Tax liability -$155K -16.7K -2.6% $9.28 628K May 15, 2022 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 -15.2K -25% $0.00 45.7K May 15, 2022 Common Stock 15.2K $0.00 Direct
transaction HLIT Restricted Stock Units Options Exercise $0 -16.6K -12.5% $0.00 116K May 15, 2022 Common Stock 16.6K $0.00 Direct
holding HLIT Stock Option/Right to buy 30K May 15, 2022 Common Stock 30K $3.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an adjustment of 612,795 shares of common stock to his ex-spouse pursuant to a marital settlement agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
F2 Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
F3 Since the date of the reporting person's last ownership report, he transferred 30,000 stock options to his ex-spouse pursuant to a marital settlement agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.

Remarks:

The Form 4, as originally filed on May 17, 2022, incorrectly reported the "securities disposed of" price used for tax withholding purposes as $8.88. The correct price was $9.28.