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
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	+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

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 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.