Walter Jankovic - 25 May 2023 Form 4 Insider Report for HARMONIC INC (HLIT)

Role
Chief Financial Officer
Signature
/s/ Wendi Ninh, Attorney-in-Fact
Issuer symbol
HLIT
Transactions as of
25 May 2023
Net transactions value
$0
Form type
4
Filing time
30 May 2023, 21:15:53 UTC
Previous filing
30 May 2023
Next filing
17 Nov 2023
SEC
View on sec.gov

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 Award $0 +79,734 $0.000000 79,734 25 May 2023 Common Stock 79,734 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
F2 One third (33.33%) of the Shares subject to the Restricted Stock Units are scheduled to vest on May 22, 2024, and approximately 8.33% of the remaining Restricted Stock Units will vest each three months thereafter, so as to be 100% vested on the third anniversary of the RSU Vesting Commencement Date.