Patrick Harshman - Aug 15, 2022 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: Aug 15, 2022
Transactions value $: -$260,606
Form type: 4
Date filed: 8/17/2022, 05:18 PM
Previous filing: Aug 5, 2022
Next filing: Sep 20, 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	+31.8K	+5.56%	$0.00	604K	Aug 15, 2022	Direct
transaction	HLIT	Common Stock	Tax liability	-$192K	-16.7K	-2.77%	$11.46	587K	Aug 15, 2022	Direct	F1
transaction	HLIT	Common Stock	Sale	-$68.8K	-6.04K	-1.03%	$11.39	578K	Aug 16, 2022	Direct	F2, F3

Showing 1 to 3 of 3 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	Options Exercise	$0	-15.2K	-33.33%	$0.00	30.5K	Aug 15, 2022	Common Stock	15.2K	$0.00	Direct
transaction	HLIT	Restricted Stock	Options Exercise	$0	-16.6K	-14.29%	$0.00	99.3K	Aug 15, 2022	Common Stock	16.6K	$0.00	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
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.
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.