Patrick Harshman - 15 May 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
Issuer symbol
HLIT
Transactions as of
15 May 2022
Net transactions value
-$155,310
Form type
4/A - Amendment
Filing time
18 May 2022, 18:31:57 UTC
Date Of Original Report
17 May 2022
Previous filing
22 Feb 2022
Next filing
05 Aug 2022
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 +31,789 +5.2% $0.000000 644,544 15 May 2022 Direct F1
transaction HLIT Common Stock Tax liability $155,310 -16,736 -2.6% $9.28 627,808 15 May 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 -15,236 -25% $0.000000 45,707 15 May 2022 Common Stock 15,236 $0.000000 Direct
transaction HLIT Restricted Stock Units Options Exercise $0 -16,554 -12% $0.000000 115,885 15 May 2022 Common Stock 16,554 $0.000000 Direct
holding HLIT Stock Option/Right to buy 30,000 15 May 2022 Common Stock 30,000 $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.