Patrick Harshman - 15 Aug 2022 Form 4 Insider Report for HARMONIC INC (HLIT)

Reporting relationship: President and CEO, Director
Issuer ticker: HLIT
Reported as of: 15 Aug 2022
Net transaction value: -$260,606
SEC form: 4
Accepted by SEC: 17 Aug 2022, 17:18:30 UTC
Prior SEC filing: 05 Aug 2022
Next SEC filing: 20 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ Laura Donovan By Attorney-in-Fact Laura Donovan

Key filing fact

Patrick Harshman filed Form 4 for HARMONIC INC (HLIT) on 17 Aug 2022.

Key facts

This page summarizes Patrick Harshman's Form 4 filing for HARMONIC INC (HLIT).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Aug 2022, 17:18.

Change

Previous filing in this sequence was filed on 05 Aug 2022.
Current net transaction value: -$260,606.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HLIT transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +31,791
Change %: +5.6%
Price: $0.000000
Shares after: 603,559
Date: 15 Aug 2022
Ownership: Direct

HLIT transaction

Common Stock

Tax liability

Transaction value: $191,806
Shares: -16,737
Change %: -2.8%
Price: $11.46
Shares after: 586,822
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F1

HLIT transaction

Common Stock

Sale

Transaction value: $68,800
Shares: -6,040
Change %: -1%
Price: $11.39
Shares after: 578,173
Date: 16 Aug 2022
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HLIT transaction Derivative

Restricted Stock

Options Exercise

Transaction value: $0
Shares: -15,236
Change %: -33%
Price: $0.000000
Shares after: 30,472
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,236
Exercise price: $0.000000

HLIT transaction Derivative

Restricted Stock

Options Exercise

Transaction value: $0
Shares: -16,555
Change %: -14%
Price: $0.000000
Shares after: 99,330
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 16,555
Exercise price: $0.000000

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.

Footnote F2

The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2022.

Footnote F3

Reflects an adjustment of 2,609 shares of common stock transferred to the reporting person's ex-spouse pursuant to a marital settlement agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.