Patrick Harshman - Nov 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
Nov 15, 2022
Transactions value $
-$309,636
Form type
4
Date filed
11/17/2022, 01:59 PM
Previous filing
Sep 20, 2022
Next filing
Dec 15, 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 +7.42% $0.00 460K Nov 15, 2022 Direct
transaction HLIT Common Stock Tax liability -$229K -16.7K -3.64% $13.66 443K Nov 15, 2022 Direct F1
transaction HLIT Common Stock Sale -$81K -6.04K -1.37% $13.41 435K Nov 16, 2022 Direct F2, F3

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 -50% $0.00 15.2K Nov 15, 2022 Common Stock 15.2K $0.00 Direct
transaction HLIT Restricted Stock Units Options Exercise $0 -16.6K -16.67% $0.00 82.8K Nov 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.